Canada’s annual inflation rate dropped to 2.5 per cent in July — down from 2.7 per cent in June, Statistics Canada said Tuesday. The national statistics agency said inflation increased at the …
The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists after inflation eased in June. The decision marks …
For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes …
Bank of Canada governor Tiff Macklem says the central bank has to rebuild trust with Canadian households. After the last two years of interest rate hikes and messaging missteps, that’s …
The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020. Bank governor Tiff Macklem said in opening remarks that the bank’s monetary …
Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee. Four times a year, members of Parliament get the …
TD Bank Group could be hit with more severe penalties than previously expected, according to a banking analyst, after a report that the investigation it faces in the U.S. is tied …
The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank’s governor, Tiff Macklem, told MPs Thursday. …
By Staff The Canadian Press Posted May 1, 2024 6:19 pm 1 min read Descrease article font size Increase article font size Bank of Canada governor Tiff Macklem says he …
The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could be delayed as recent inflation numbers have …