Interest Rate Cut: The Bank of Canada has reduced its overnight interest rate by 25 basis points to 2.5% for the second consecutive time to support the economy affected by U.S. tariffs.
Economic Projections: The bank forecasts GDP growth of 1.2% in 2025, 1.1% in 2026, and 1.6% in 2027, with a gradual recovery expected after a contraction in the second quarter.
Impact of U.S. Tariffs: Tariffs on Canadian exports, particularly in steel, aluminum, and automobiles, have contributed to economic challenges, with President Trump threatening further tariff increases in response to criticism.
Monetary Policy Outlook: The Bank of Canada is prepared to adjust its policy rate if economic conditions change, aiming to maintain inflation close to 2% while navigating structural adjustments in the economy.
Wall Street analysts forecast EWC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast EWC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 55.200
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Current: 55.200
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
