The Western Producer17h
Canadian Financial Close: BoC, Fed interest rate moves
The Canadian dollar stepped back by nearly two-tenths of a cent on Wednesday, following interest rate announcements by the Bank of Canada and the United States Federal Reserve. The loonie closed on ...
The Western Producer23h
Canadian Dollar and Business Outlook: BoC makes its move
The Canadian dollar was lower on Wednesday morning after the Bank of Canada made its latest interest rate announcement. As of 8:54 am CST, the loonie was at US$0.6928 or US$1=C$1.4439 compared to ...
The Federal Reserve holds interest rates steady
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
The Federal Reserve should resist pressure from Trump and defend its independence, experts say
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal ...
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Powell Signals Fed on Hold as Trump’s Economic Policies Take Shape
Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
Fed holds rates steady as Trump tariffs loom, economy hums
The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, ...
VIX rises as investors await Fed Chair Jerome Powell
The U.S. stock market’s so-called fear gauge was rising Wednesday as investors await the outcome of the Federal Reserve’s policy meeting. The CBOE Volatility Index, which trades under the ticker VIX, ...
Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
Powell says asset prices 'elevated by many metrics' but banks, households appear resilient
Federal Reserve Chair Jerome Powell on Wednesday said asset prices appear "elevated by many metrics right now," driven in part by "this thing around tech and AI." In his news conference following the ...