[Bank of Canada Cuts Interest Rate by 25 Basis Points and Signals Pause in Rate Cuts] The Bank of Canada has lowered its policy interest rate by 25 basis points for the fourth time this year and hinted that rates may remain unchanged in the future to address the impact of U.S. tariff pressures on the Canadian economy. Bank of Canada Governor Macklem stated that U.S. tariffs of up to 50% on steel, aluminum, automobiles, and lumber have severely impacted key sectors of the Canadian economy, with weak economic growth expected to persist until 2027. Macklem emphasized that the current policy interest rate helps the economy adjust and keeps inflation close to 2%, but monetary policy cannot fully offset the damage caused by tariff policies.