Bank of Canada governor Tiff Macklem said in prepared remarks Wednesday that signs of stability in inflation and momentum in the Canadian economy driven by previous rate cuts are at risk amid ...
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.
The Bank of Canada has lowered its key interest rate by 25 basis points to 2.75 per cent – meaning Canadian households can expect to pay slightly less on variable rate mortgages and other loans for ...
Nearly all economists surveyed anticipate a seventh straight rate reduction as policy uncertainty hits business confidence.
Bank of Canada Governor Tiff Macklem said we are facing a new crisis, and that while Canada’s economy ended 2024 “in good ...
The Bank of Canada cut its overnight rate by 25 basis points to 2.75% on Wednesday, as widely expected, against a backdrop of inflation nearing its 2% target and strong GDP growth. The rate cut brings ...
The Bank of Canada has lowered interest rates by 25-basis points, saying that the country is “facing a new crisis” due to its ongoing trade ...
The Bank of Canada cut its benchmark interest rate by a quarter point as it warns trade uncertainty is already hurting the ...