BENGALURU (Reuters) -The Bank of Canada will cut its overnight rate by a quarter point on September 17 as the labour market deteriorates and economic activity weakens, according to most economists in ...
The minutes cover deliberations leading up to the decision on Oct. 29 to cut the target rate by a quarter point to 2.25%.
OTTAWA (Reuters) - The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, and said it would be ready to cut again if risks to the economy ...
OTTAWA—The Bank of Canada left its main interest rate unchanged Wednesday at 2.75%, while signaling it is ready to reduce rates again should conditions weaken further and inflation moderates. The ...
OTTAWA — The Bank of Canada's governing council was on the same page about the need to lower its benchmark interest rate last ...
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.
The Bank of Canada said on Wednesday it expects interest rates to remain at current record lows into 2023, as it shifted its ...
OTTAWA--The Bank of Canada cut its main interest rate by a half-point on Wednesday, saying the struggling economy needed a jolt of hefty stimulus with inflation returning to 2% sooner than anticipated ...
The Bank of Canada signaled on Wednesday that it could start hiking interest rates in late 2022, as it sharply boosted its ...
[Stay on top of transportation news: Get TTNews in your inbox.] Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut ...
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.
The Bank of Canada on Wednesday cut its overnight interest rate by 25 basis points, as widely expected for a second consecutive time, to support an economy facing pressure from U.S. tariffs. The bank ...