Bank of Canada, governor

Bank of Canada considered leaving rates unchanged, governor tells Reuters
The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed to cut for the seventh consecutive time, Governor Tiff Macklem said in an interview on Wednesday.
Bank of Canada governor says trade war is different for the economy than COVID
The COVID-19 pandemic eventually brought a rapid recovery for the economy, but Bank of Governor Tiff Macklem says don’t expect the same to happen if the country winds up in a trade war. He says trade tensions would mean less investment in the country from businesses and there’s only so much monetary policy can do to help.
Bank of Canada cuts interest rate to 2.75%
The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ongoing trade war with the U.S. begins to strain the Canadian economy.
Bank of Canada to be cautious about future rate moves: Full text
OTTAWA, March 12 (Reuters) - The Bank of Canada released the following statement on Wednesday:
Bank of Canada cuts key rate to 2.75% as trade war rattles economy
Governor Tiff Macklem says the bank lowered rates to help cushion the impact of trade volatility, but would ‘proceed carefully with any further changes to our policy rate’
Bank of Canada cuts interest rate in face of economic ‘uncertainty’
The Bank of Canada lowered its key lending rate to 2.75 per cent Wednesday but warns Canada is entering a period of economic uncertainty due to a trade war with the U.S.
Canadian dollar looks through Bank of Canada rate cut and tariff mayhem — for now
The Canadian dollar rose after the Bank of Canada announced its seventh consecutive rate cut as investors appeared to look through the latest moves by policymakers. On Wednesday, the Canadian dollar was up 0.
U.S. trade 'crisis' will drive up prices, Bank of Canada warns after rate cut
Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States.
Who is Mark Carney, the crisis-handling former central bank governor turned Canada’s next leader?
Canada’s next leader is a relative political newcomer, coming instead from a decades-long career in finance where he steered ...
Canada’s new PM on Trump’s 51st state talk: It’s ‘crazy’
New Canadian Prime Minister Mark Carney shut down President Trump’s talk of Canada potentially becoming the U.S.’s 51st state, characterizing it as “crazy” and vowing the North American neighbor ...
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Bank of Canada cuts interest rate to 2.75% as country faces 'new crisis' from tariffs
Bank of Canada Governor Tiff Macklem holds a news conference in Ottawa on Wednesday. The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on ...
Trudeau departs, brings to an end nine-year tenure as PM of Canada
Trudeau was replaced as Canada’s PM on Friday by former central bank governor Mark Carney, who has signalled he will take the ...