Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was ...
Bank of Canada cuts key rate with ‘trade war storm’ on horizon
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
Bank of Canada15h
Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
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Bank of Canada cuts key interest rate by quarter point to 3%
The central bank announced its sixth cut in a row since June, as looming U.S. tariffs add uncertainty to the economic outlook ...
U.S. Fed holds key rate as it gauges inflation impact of Trump policies
The U.S. Fed signalled a more cautious approach as the it seeks to gauge where inflation is headed and what policies ...
Bank of Canada cuts rates as it warns trade war 'would badly hurt economic activity in Canada'
“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher ...
When Canada's lending rate goes down, why do some mortgage rates still go up?
As inflation and bank rates fall, some mortgage rates are actually going up. We take a look at why fixed rates aren’t ...
Howard Lutnick, Trump Commerce secretary pick, says it's 'nonsense' that tariffs cause inflation
President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs ...
Business Brief: Canada enters a ‘zone of uncertainty’
Bank of Montreal dismissed a managing director as it was finalizing an SEC settlement deal over mortgage bonds. The U.S.
Big central banks start 2025 heading in different directions
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...
Bank of Canada cuts interest rate to 3% amid trade uncertainty with the United States
The Bank of Canada cut its interest rate by 25 basis points to three per cent on Wednesday, while warning that the economic consequences of a prolonged trade war with the United States could be severe ...