Bank of Canada would need to hike interest rates by up to 1.25% in full-blown tariff war, warns OECD
Canada’s economy may have ended 2024 on a high note, but that could all be undone as world trade is upended by Donald Trump’s ...
Bank of Canada Cuts Policy Rate to 2.75% as Economy Faces ‘New Crisis’
The central bank must balance the risk of tariff-fueled higher inflation and the damage to growth from U.S. trade policy, Gov ...
Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says
President Donald Trump’s tariff policies are slowing economic growth in the United States and around the world while sending prices higher again, creating a toxic stew for the global economy that ...
Inflation cools in first full month of Trump term but egg prices soar
Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President ...
Bank of Canada cuts rates by 25 basis points: Full text
OTTAWA, March 12 (Reuters) - The Bank of Canada released the following text of opening remarks by Governor Tiff Macklem on ...
Bank of Canada will cut interest rates 2 to 3 more times by the summer, economists say
The Bank of Canada cut interest rates by 25 basis points to 2.75 per cent — the seventh consecutive reduction — as it finds ...
Bank of Canada lowers rate to 2.75% in second cut of the year
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.
Just The News5d
It’s still about inflation not tariffs: Markets ignore hysteria as economy improves despite tariffs
Headlines predicted bear markets, loss of savings, and encouraged talk of a recession on Tuesday after the European Union ...
Wary Markets Rebound as Europe and Canada Retaliate Against Trump Tariffs
After President Trump’s global tariffs on steel and aluminum took effect, the European Union and Canada announced billions of ...
US inflation slows in February to 2.8%, lower than expected
Core CPI, which excludes volatile food and energy prices, came in at 3.1% — the lowest reading since April 2021.
Inflation eases more than expected in February, but Trump tariffs loom
Inflation eased more than expected in February, according to the consumer price index. Trump's tariffs are likely to propel prices higher.