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 Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on March 12, bringing it to 2.75 per cent.
Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President ...
What the February Inflation Report Means for the Fed; Bank of Canada Cuts Rates Amid 'New Crisis' By Vicky Ge Huang Investors will eye another inflation gauge. The Labor Department's reading ...
The Bank of Canada cut its main interest rate by a quarter point to help offset weaker consumer spending and business investment stemming from trade-policy uncertainty. However, the bank tempered ...
Inflation eased more than expected in February, according to the consumer price index. Trump's tariffs are likely to propel prices higher.
After President Trump’s global tariffs on steel and aluminum took effect, the European Union and Canada announced billions of ...
while also tempering expectations for deeper rate reductions given the risks of tariff-fueled inflation. “We’re now facing a new crisis,” Bank of Canada Gov. Tiff Macklem said at a press ...
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