The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed to cut for
March 12, 2025
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday to 2.75% and raised concerns about inflationary pressures and
March 12, 2025
The Bank of Canada released the following text of opening remarks by Governor Tiff Macklem on Wednesday: "Good morning.
March 12, 2025
The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3%
March 12, 2025
TORONTO - The Bank of Canada on Wednesday lowered its benchmark interest rate by 25Â basis points to 2.75%.
March 12, 2025
Canada's main stock index fell to a four-month low on Monday, including declines for technology and metal mining shares, as investors globally grew more worried that the
March 10, 2025
Canada's unemployment rate held steady at 6.6% in February while new job additions were only marginally up, data showed on Friday, reflecting the early potential
March 07, 2025
Canada's gross domestic product in the fourth quarter expanded by 2.6% on an annualized basis, surpassing widespread expectations, as a jump in consumer spending
February 28, 2025
he Bank of Canada's 2% inflation target should be maintained in a review set for 2026, Governor Tiff Macklem said on Friday, saying
February 21, 2025
Canada's annual inflation rate inched up to 1.9% in January
February 18, 2025
Canada's annual inflation rate rose 1.9% in January, up from 1.8% in December as lower prices helped by a sales tax reprieve were partly offset by higher cost of gasoline and
February 18, 2025
The Bank of Canada's governing council felt that a protracted trade conflict with the U.S. would permanently shrink the level of
February 12, 2025
Canada's economy added 76,000 jobs in January and the jobless rate edged down to 6.6%, Statistics Canada data showed on Friday.
February 07, 2025
Bank of Canada Governor Tiff Macklem said on Thursday a policy shift in the U.S. was causing uncertainty and President Donald Trump's tariff threats were already
February 06, 2025
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S.
January 29, 2025
The Bank of Canada on Wednesday cut its growth forecasts for both 2025 and 2026, citing the dampening effect of government policies designed to curb population growth.
January 29, 2025
The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week and is widely expected to offer an analysis on the impact of
January 27, 2025
Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle of the month and brought
January 21, 2025
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%.
January 21, 2025
Canadian firms see improved demand and sales in the coming year, largely fueled by rate cuts, but are concerned about the potential
January 20, 2025
The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, but many were not confident about
January 16, 2025
Canadian home sales took a breather in December but were still 10% higher in the fourth quarter compared to the third quarter as the Bank of Canada cut borrowing
January 15, 2025
Canada's economy gained a net 90,900 jobs in December, largely in full-time work, and the jobless rate edged down to 6.7%, Statistics Canada data showed on Friday.
January 10, 2025
The Bank of Canada's decision to cut rates by 50 basis points on Dec 11 was a close call, with some members of the governing council suggesting a smaller
December 23, 2024
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