So are the Fed cuts Trump has so loudly demanded likely in 2026? “Typically, anything that’s good for the U.S. economy is generally good for the Canadian economy,” said Michael Davenport, senior economist at Toronto-based Oxford Economics. None of the experts I spoke with expect the Fed to make deep rate cuts anytime soon. So if only modest cuts are possible, could they move the needle for the U.S. and, in turn, the Canadian economies? Overall economic growth is not expected to be impacted much by Fed cuts.

Source: National Post February 05, 2026 16:17 UTC