Bank of Canada Shows Inflation Will Shape Trade War Response
The Bank of Canada made clear that central banks around the world are fighting an entirely different war than the pandemic — but post-Covid inflation fears are haunting policymakers as they try to protect their economies from US President Donald Trump’s tariff barrage.
The central bank must balance the risk of tariff-fueled higher inflation and the damage to growth from U.S. trade policy, Gov ...
The Bank of Canada cut overnight interest rates by 25 basis points yesterday, lowering the banking system’s base rate to 2.75 ...
Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President ...
Headlines predicted bear markets, loss of savings, and encouraged talk of a recession on Tuesday after the European Union ...
Employers in the country added just 1,100 jobs last month.
Inflation eased more than expected in February, according to the consumer price index. Trump's tariffs are likely to propel prices higher.
The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed ...
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