According to CoinMeta, as reported by A early in 2021, affected by the escalation of trade tensions between the US and Canada and rising energy prices, the market expects the Bank of Canada to maintain its benchmark interest rate at 2.25% unchanged this Wednesday, which would be the seventh consecutive time the central bank keeps the rate unchanged. Currently, the US has imposed an additional 50% tariff on Canadian goods worth approximately $20 billion, and Canada plans to impose retaliatory tariffs on certain US goods starting from September 8th. Canada's overall inflation rate has risen to 3%, reaching a new high since 2023. Although Canada's annualized growth rate rebounded to 3.3% in the second quarter, with over 180,000 new jobs created from May to July, the trade war has caused about two-thirds of economists surveyed to lower their expectations for business investment. The market expects the Bank of Canada to raise interest rates again in the first half of 2027.