The Bank of Canada (BoC) held its policy rate at 2.75%, following seven straight announcements where the bank cut rates. The bank's outlook recognized that the "economy is slowing as tariff announcements and u
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. Article content Bank of Canada expected to cut rate amid trade uncertainty Article content Most economists expect the central bank will deliver ...
Canadian Dollar Lower, Traders Await Bank of Canada Interest Rate Announcement: Loonie Lower Ahead of Rate AnnouncementTORONTO - The Canadian dollar closed slightly lower Monday, a day ahead of the Bank of Canada's...Morrison, Malcolm
Canada's economy was slowing at the end of 2017, with annualized growth of 1.7 percent in the fourth quarter, down sharply from the three-percent pace for the year as a whole. Keeping interest rate steady after three rate hikes since last July, the bank said that fourth-quarter GDP growt...
The move on Sep. 7 is the fifth consecutive interest rate increase this year, pushing the bank’s key rate above the what it calls the “neutral range” between two and three per cent. The Bank of Canada, along with central banks around the world, has ...
Loonie Rises a Day before Bank of Canada Makes Next Interest Rate AnnouncementLoonie rises ahead of rate announcement--TORONTO - The Canadian dollar closed slightly higher a...Morrison, Malcolm
made an unscheduled interest-rate announcement was during the Great Recession. The Bank of Canada stuck to its calendar, but went for shock value by going bigger than a typical quarter-point change. It hadn’t done anything like that since 2009, when it was on its way to dropping interest...
Money markets see an over 43% chance of another 25-basis-point cut at the BoC's next monetary policy decision announcement on Mar. 12. "The Bank of Canada would be in a tough situation but our view is that they would become more aggressive in terms of rate cuts if that's (U.S. ...
The Bank of Canada will provide a window into its thinking on the economy as it makes an announcement about its trendsetting rate. The key policy rate has been at 0.25 per cent almost exactly one year after the central bank cut rates three times last March a...
US President Donald Trump recently announced several rounds of tariffs, starting with import taxes on goods from China, Mexico and Canada. The announcement caused the price ofBitcoin to sink below $100,000, where it has mostly remained since markets began digesting the news. ...