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 ...
Bank of Canada cuts rates by 25 bps, warns of tariff crisis
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday to 2.75% and raised concerns about ...
Canada 'never, ever, will be part of America': Next prime minister pushes back on Trump
Carney, 59, will take the reins of his country at a time when it is locked in a trade war with the U.S., its largest trade ...
Ex-central banker to replace Trudeau as Canada’s prime minister after winning Liberal Party vote
TORONTO (AP) — Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party ...
Bank of Canada cuts rates to counter tariffs, will be cautious about future moves
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday to 2.75% and warned of "a new crisis" as it ...
Canada’s Liberals pick ex-central banker Carney to replace Trudeau
Carney vowed Sunday to “keep our tariffs on until the Americans show us respect” in a message to U.S. President Donald Trump.
Bank of Canada Cuts Rates for Seventh Time, Warns of “Crisis” from U.S. Trade War
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 ...
Who is Mark Carney, former central banker replacing Justin Trudeau as prime minister of Canada?
Carney has promised to stand up for Canada amid brewing trade war with Trump and speed up sluggish growth in national economy ...
Who is Mark Carney, the crisis-handling former central bank governor turned Canada’s next leader?
Canada’s next leader is a relative political newcomer, coming instead from a decades-long career in finance where he steered ...
Bank of Canada Cuts Rates as Economy Faces ‘New Crisis’
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 ...
Former central banker Mark Carney sworn in as Canada’s new prime minister as country deals with Trump’s trade war
Former central banker Mark Carney was sworn in as Canada's new prime minister on Friday, and will now try to steer his ...
Bank of Canada cuts interest rate by 25 basis points, as expected
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 ...