OTTAWA, Nov 12 (Reuters) - Ahead of the Bank of Canada's October 29 rates decision on October 29, Governing Council decided ...
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 driven by a soft labour market, tepid growth expectations, and a clearer idea of ...
The annual inflation rate increased slightly in May as an uptick in grocery inflation somewhat offset lower prices at the gasoline pump. And while inflation was relatively tame, economists said they ...
As the Bank of Canada lowers its overnight lending rate, here's what it means for the average Canadian — from your savings account, to your car loans, to your small business and your mortgage.
Bank of Canada Governor Tiff Macklem has signaled that interest rates may be as low as they can go for the time being. The head of Canada’s central bank says interest rates are now at a level where ...
OTTAWA--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 ...
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 ...
Markets are underestimating how much more monetary stimulus the Bank of Canada (BoC) will deliver, argues Desjardins Group economist Royce Mendes, who dismisses the prevailing fears of “sticky” core ...
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.