"However, with a single instrument — our policy interest rate — we can't lean against weaker output and higher inflation ... Canada website. Mark Gollom is a Toronto-based reporter with CBC ...
The central bank reduced its rate last year from 5.3 per cent to 4.3 per cent, in part out of concern that the job market was weakening. Bank of Canada cuts interest rate, warns it can do little ...
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
The Bank of Canada said Wednesday that it is lowering its key interest rate by 25 basis points (bps) to three per cent.
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