Bank of Canada Cuts Policy Rate to 2.75% as Economy Faces ‘New Crisis’
The central bank must balance the risk of tariff-fueled higher inflation and the damage to growth from U.S. trade policy, Gov ...
Bank of Canada cuts rates by 25 bps, warns of tariff crisis
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday to 2.75% and raised concerns about ...
Canada Between A Rock And A Hard Place
The Bank of Canada cut overnight interest rates by 25 basis points yesterday, lowering the banking system’s base rate to 2.75 ...
Bank of Canada Considered Leaving Rates Unchanged, Governor Tells Reuters
OTTAWA, March 12 (Reuters) - The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled ...
Bank of Canada Cuts Rates to Counter Tariffs, Will Be Cautious About Future Moves
OTTAWA, March 12 (Reuters) - The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 2.75% and ...
Canada’s annual inflation rate jumps to 2.6% in February as GST holiday ends
The upside surprise comes less than a week after the Bank of Canada cut its policy rate for the seventh consecutive time, to 2.75 per cent. Financial markets trimmed their bets on another cut at the ...
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Central banking in a trade war
Tiff Macklem says he isn’t following every social-media post Donald Trump puts on his website Truth Social. But the Governor of the Bank of Canada is spending a lot of time scanning headlines as ...
Canada's annual inflation rate leaps to 2.6 per cent, higher than expected
The CPI data comes less than a week after the Bank of Canada further cut its overnight rate, noting in its statement that it “will be closely monitoring inflation expectations.
BoC Governor Macklem: Our estimate of neutral is centred on 2.75%
Bank of Canada (BoC) Governor Tiff Macklem discussed the central bank’s policy outlook and answered questions from the media after the BoC lowered its policy rate by 25 basis points to 2.75% at the ...
Canada Tory Leader Fails to Give Vote of Confidence to Bank of Canada Gov. Macklem
Poilievre, during his successful campaign to become Tory leader in 2022, promised to fire Macklem for failing to contain inflation. Starting in March 2022, the Bank of Canada aggressively raised ...