The minutes cover deliberations leading up to the decision on Oct. 29 to cut the target rate by a quarter point to 2.25%.
BENGALURU (Reuters) -The Bank of Canada will cut its overnight rate by a quarter point on September 17 as the labour market deteriorates and economic activity weakens, according to most economists in ...
OTTAWA (Reuters) - The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, and said it would be ready to cut again if risks to the economy ...
OTTAWA—The Bank of Canada left its main interest rate unchanged Wednesday at 2.75%, while signaling it is ready to reduce rates again should conditions weaken further and inflation moderates. The ...
The Bank of Canada lowered its overnight rate by 25 bps. The cut comes as U.S. President Donald Trump threatens to implement a 25% tariff on all Canadian goods entering the United States. James Marple ...
The Bank of Canada’s decision to cut the key overnight interest rate by 25 basis points to 2.25 per cent last month was ...
The Bank of Canada said on Wednesday it expects interest rates to remain at current record lows into 2023, as it shifted its ...
The Bank of Canada signaled on Wednesday that it could start hiking interest rates in late 2022, as it sharply boosted its ...
OTTAWA—The Bank of Canada on Wednesday cut its benchmark interest rate by a quarter percentage point to 2.5%, trying to add juice to an economy squeezed by the Trump administration’s shift in U.S.
[Stay on top of transportation news: Get TTNews in your inbox.] Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut ...
OTTAWA--Senior Bank of Canada officials debated the need for a rate cut ahead of its late July decision, with one camp believing they had provided enough relief to aid the economy through heightened ...
After holding the policy rate unchanged in the past three meetings, Bank of Canada on Wednesday resumed its rate cut cycle, lowering its target for the overnight rate by 25 basis points to 2.5%. The ...