Slow growth, tariffs could lead to another round of BoC rate cuts
The BoC should bring down rates to 2% by the end of the year according to Briggs, who notes the high level of consumer debt accumulated due to a long period of growth stagnation. Canada’s economy has been in a “stealth recession" according to Briggs, with low consumer spending and slow investment a recurring issue.
Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers answer reporters’ questions following the policy rate ...
Understanding why the BoC cut, the risks they've taken on, and what could motivate another jumbo cut at the next meeting ...
The Canadian Press on MSN5d
'Very difficult position': Bank of Canada expected to cut rate amid trade uncertaintyThe Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade ...
The Bank of Canada's rate cut announcement, and tamer than expected U.S. consumer price inflation data contributed to the positive show by Canadian stocks. Worries about tariffs and their impact ...
The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed ...
The Canadian dollar strengthened relative to its United States counterpart on Wednesday, as currency traders reacted to the latest interest rate announcement from the Bank of Canada. The Canadian ...
EUR/CAD eased slightly from four-and-a-half-year high on Wednesday after the Bank of Canada (BoC) trimmed its policy rate by ...
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