The Globe and Mail reports in its Monday, Sept. 15, edition that the Bank of Canada and the Federal Reserve are expected to resume interest-rate cuts this week due to trade disruptions affecting both countries and political pressure on the Fed to lower borrowing costs. The Globe's Mark Rendell writes that the two central banks paused their easing cycles to assess the impact of President Donald Trump's tariffs on the global economy and consumer prices. The BOC has maintained interest rates over the last three decisions, while the Fed has been on hold since December. Inflation has remained less severe than economists feared in both countries, while the job market stalled over the summer. That has set the stage for a pivot by both the Fed and the BOC that could inject life into dormant housing markets and provide another leg up for stocks. A dovish stance from central bankers, however, may indicate worries about an economic slowdown and add political pressure on the Fed amid Mr. Trump's push for rate cuts. Financial markets anticipate a quarter-point cut in benchmark interest rates by both central banks on Wednesday, although the aftermath may vary significantly by country.