The Globe and Mail reports in its Monday edition that the Bank of Canada is expected to cut interest rates again this week due to a fragile business climate and ongoing trade uncertainty, despite a rise in inflation. The Globe's Mark Rendell writes that last month, the BOC lowered the policy rate by 0.25 percentage points to 2.5 per cent, citing a weaker economy. Recently, the Canadian economy has shown mixed signals, with a rebound in September employment and inflation rising to 2.4 per cent from 1.9 per cent. However, exports remain weak, GDP growth is low and business sentiment is poor. President Donald Trump recently cancelled trade negotiations with Canada and threatened a 10-per-cent tariff over a critical Ontario TV ad about protectionism. Governor Tiff Macklem hinted during a call with reporters that the bank will not heavily rely on the strong September jobs numbers and cautioned that economic growth will be modest in the upcoming quarters. "It's going to be growth, but it's going to be soft growth. It's not going to feel very good, and it's certainly not going to be enough to close the output gap," Mr. Macklem said, noting the BOC is projecting GDP growth of about 1 per cent in the second half of the year.