Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was ...
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Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Trudeau Promised a Better Life for the Middle Class. Then Prices Soared.
While many issues turned Canadians away from their prime minister, the high cost of groceries and homes has become a chief ...
Bank of Canada cuts rates as it warns trade war 'would badly hurt economic activity in Canada'
“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher ...
Trump's tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes
President Donald Trump has already forced Colombia to accept deportees by threatening tariffs and is readying the same move ...
Howard Lutnick, Trump Commerce secretary pick, says it's 'nonsense' that tariffs cause inflation
President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs ...
Fed leaves rate unchanged, points to stubborn inflation
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
Top Bank of Canada officials speak after latest interest rate cut
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
Business Brief: Canada enters a ‘zone of uncertainty’
Bank of Montreal dismissed a managing director as it was finalizing an SEC settlement deal over mortgage bonds. The U.S.
Can Trump Lower Inflation in 2025?
During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and ...
B.C. booze sales on the rocks: spending drops despite inflation
B.C. wholesale buyers spent $914,861,973 on spirits in 2024, down from $961,117,685 the previous year. That is a $46,266,712 drop, which works out to a 4.81-per-cent decline.