Former central banker Mark Carney to be sworn in as Canada's new prime minister
TORONTO — Former central banker Mark Carney will be sworn in as Canada’s new prime minister on Friday. Carney, 59, replaces ...
Bank of Canada Cuts Policy Rate to 2.75% as Economy Faces ‘New Crisis’
The central bank must balance the risk of tariff-fueled higher inflation and the damage to growth from U.S. trade policy, Gov ...
Bank of Canada considered leaving rates unchanged, governor tells Reuters
The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed ...
Bank of Canada cuts rates by 25 bps, warns of tariff crisis
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday to 2.75% and raised concerns about ...
Bank of Canada Cuts Rates to Counter Tariffs, Will Be Cautious About Future Moves
OTTAWA, March 12 (Reuters) - The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 2.75% and ...
Bank of Canada Cuts Rates for Seventh Time, Warns of “Crisis” from U.S. Trade War
The Bank of Canada has lowered interest rates by 25-basis points, saying that the country is “facing a new crisis” due to its ongoing trade ...
The Canadian Press on MSN2d
Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy
The Bank of Canada is expected to announce an interest rate cut today as a cloud of uncertainty looms over the Canadian ...
Who is Mark Carney, the crisis-handling former central bank governor turned Canada’s next leader?
Canada’s next leader is a relative political newcomer, coming instead from a decades-long career in finance where he steered ...
Bank of Canada Cuts Rates as Economy Faces ‘New Crisis’
The Bank of Canada cut its main interest rate by a quarter point to help offset weaker consumer spending and business investment stemming from trade-policy uncertainty. However, the bank tempered ...
Bank of Canada cuts interest rate by 25 basis points, as expected
The Bank of Canada cut its overnight rate by 25 basis points to 2.75% on Wednesday, as widely expected, against a backdrop of inflation nearing its 2% target and strong GDP growth. The rate cut brings ...