The pace of inflation in Canada cooled last month, offering some hope the central bank will resume lowering interest rates to help revive a sluggish economy being held down by trade uncertainty. Still ...
OTTAWA—Senior Bank of Canada officials believed a rate cut was warranted even though upside risks to inflation remained intact, according to minutes published Wednesday by the central bank. Statistics ...
The Bank of Canada delivered another cut to interest rates by 25 basis points Wednesday, which lowers its overnight rate to 2.25 per cent. Commercial banks set their lending rates to customers based ...
The Bank of Canada continued to cut interest rates, dropping another quarter percentage point, which lowered the overnight rate to 2.25%. But Macklem’s team has made it clear that his bank’s easing ...
The Bank of Canada's Governing Council considered a 25-basis-point rate cut at its July meeting, but agreed to keep its rate unchanged as it waited for more clarity on how households, businesses and ...
Bank of Canada Gov. Tiff Macklem says the central bank is moving toward a meeting-by-meeting approach on further interest rate increases, based on how the economy responds to its rapid-fire tightening ...
Canada's central bank cut its key lending rate on Wednesday, offering a boost to borrowers in an economy squeezed by US President Donald Trump's trade war. The Bank of Canada reduced the rate to 2.5 ...
OTTAWA--Market participants expect two more rate cuts from the Bank of Canada before the end of the year, according to a central-bank survey issued Monday. The Bank of Canada conducted the survey of ...
OTTAWA, July 30 (Reuters) - The Bank of Canada will most likely keep rates on hold at 2.75% on Wednesday for the third time, reflecting a softer-than-expected impact of the trade war with the U.S. on ...
The Bank of Canada on Wednesday cut its overnight interest rate by 25 basis points, as widely expected for a second consecutive time, to support an economy facing pressure from U.S. tariffs. The bank ...
OTTAWA, Sept 17 (Reuters) - The Bank of Canada is expected to cut interest rates by 25 basis points on Wednesday, spurred by weak job reports and economic contraction in the second quarter. It would ...