美国贸易压力下，加拿大央行宣布降息25个基点

Group 1 - The Bank of Canada lowered the benchmark interest rate by 25 basis points to 2.25%, marking the second consecutive rate cut to address economic weakness and trade tensions with the U.S. [1] - The Canadian economy contracted by 1.6% in the second quarter, primarily due to declines in exports and weak business investment [1] - The Bank of Canada expects inflation pressures to ease in the coming months, maintaining the inflation rate near the 2% target, and has revised its inflation forecast for 2025 down to 2.0% from 2.3% [1] Group 2 - Despite the rate cut, the Canadian dollar unexpectedly strengthened against the U.S. dollar, with the USD/CAD exchange rate dropping to approximately 1.3893, the lowest level since September 25 [2] - The Bank of Canada indicated that the current policy rate is considered appropriate if inflation and economic activity develop as expected, suggesting that the rate cut may signal the end of the easing cycle [2] - The Bank of Canada projects GDP growth of 1.2% in 2025, 1.1% in 2026, and 1.6% in 2027, with trade friction and weak external demand continuing to suppress Canadian exports and manufacturing activity [2]