Hosted on MSN15d
Bank of Canada cuts rates to 3%, drops guidance as Trump’s tariff threat looms
The Bank of Canada reduced its benchmark interest rate by 0.25 percentage points and removed guidance on future rate adjustments amid uncertainty caused by US President Donald Trump's tariff threat.
Posthaste: Why these economists think the Bank of Canada will be 'one and done' in 2025
The Bank of Canada is expected to cut another quarter point off its interest rate tomorrow, but what if it stops there? That’s the prediction of Bank of America economists who think Canada’s central ...
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 Rogers on Wednesday after the central bank cut its key policy rate by 25 ...
Big central banks start 2025 heading in different directions
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...
BoC cuts key interest rate to 3% as tariff threats loom
The Bank of Canada said Wednesday that it is lowering its key interest rate by 25 basis points (bps) to three per cent.