But since then U.S. President Donald Trump has launched an on-again, off-again tariff assault that has cast a pall of uncertainty over Canada, arresting business investment and crushing consumer ...
USD/CAD: After BOC Cut, Pair Eyes a Bounce Amid Latest Tariff Drama By Matthew Weller - 11 hours ago USD/CAD Key Points The Bank of Canada cut interest rates by 25bps to 2.75%, as widely expected ...
The Bank of Canada cut interest rates by a quarter percentage point and called the trade battle with the US a “new crisis,” ...
The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States. Most economists expect the central bank will ...
The Canadian Dollar (CAD) recovered some ground on Wednesday, bolstered by a general easing in Greenback market flows. The Loonie gained roughly one-half of one percent against the US Dollar, pushing ...
Canada’s economy perked up in the final months of last year as consumers continued to ramp up their spending, spurred on by the central bank’s rapid-fire interest-rate cuts. Gross domestic ...
4 Bank of Canada staff find that: The widening interest rate differential is estimated to account for a relatively modest share of the overall depreciation. Most of the depreciation is explained by ...
If inflation was higher than a target number set by the Bank of Canada (around two per cent), then interest rates needed to rise to slow down the economy and reduce the cost of living. On the ...
What’s the Bank of Canada doing about inflation? The Bank of Canada uses interest rates to speed up or slow down the economy in an effort to control inflation. Higher interest rates make it more ...
Desjardins expects Canada would fall into a recession by mid-year if steep tariffs remain in place. That’s a far cry from the trajectory the Canadian economy had been on heading into 2025. There were ...
The Bank of Canada (BoC) brought its key interest rate down by ... the BoC will need to adjust its target rate to counter the damage being done to the economy, despite the inflation risks that ...