The Globe and Mail reports in its Monday, April 14, edition that the Bank of Canada faces a challenging interest-rate decision this week. The Globe's Mark Rendell writes that analysts are divided on whether the BOC will implement another quarter-point rate cut, reducing the benchmark rate to 2.5 per cent, or pause after seven consecutive cuts. Governor Tiff Macklem indicated that extreme uncertainty from U.S. tariff changes means the BOC must stay flexible and cannot rely on standard forecasts. He said: "We need to set policy that minimizes the risk. That means being less forward-looking than normal until the situation is clearer. And it may mean acting quickly when things crystallize." The economic landscape for Mr. Macklem has changed significantly. In early March, the U.S. imposed tariffs on all Canadian imports but later exempted goods meeting the continental free trade agreement. Tariffs on automobiles, steel and aluminum still apply. Mr. Trump then announced significant tariffs on multiple countries in early April but quickly backed down after a week, offering a 90-day pause due to a stock market sell-off. He intensified the trade war with China, raising tariffs on Chinese goods to 145 per cent.