Wary Markets Rebound as Europe and Canada Retaliate Against Trump Tariffs
After President Trump’s global tariffs on steel and aluminum took effect, the European Union and Canada announced billions of ...
Bank of Canada reduces policy rate by 25 basis points to 2¾%
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at ...
What the February Inflation Report Means for the Fed; Bank of Canada Cuts Rates Amid 'New Crisis'
"We're now facing a new crisis," Bank of Canada Gov. Tiff Macklem said at a press conference, after cutting the central bank's target for the overnight rate to 2.75%, down after seven straight cuts ...
Bank of Canada Shows Inflation Will Shape Trade War Response
The Bank of Canada made clear that central banks around the world are fighting an entirely different war than the pandemic — but post-Covid inflation fears are haunting policymakers as they try to ...
Bank of Canada will cut interest rates two to three more times this year, say economists
“While the data has leaned against a cut, economic uncertainty prevailed at this meeting,” Bryan Yu, chief economist at ...
Trump's latest tariff threat puts clamps on early stock market trading
US stocks open lower after Trump threatened a 200% tax on European liquor if the EU tax on US whiskey isn't removed.
Bank of Canada lowers rate to 2.75% in second cut of the year
The Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on March 12, bringing it to 2.75 per cent.
U.S. inflation cooled last month, though trade war threatens to lift prices
U.S. inflation slowed last month for the first time since September even as additional tariffs on steel and aluminum kicked ...
Commercial Observer21h
Inflation Figures Show Smallest Yearly Increase in Housing Index Since 2021
The latest inflation numbers were hardly reflective of tariff anxieties, which have sent the stock market into a frenzied ...
Egg prices soar as inflation cools in first full month of Trump term
Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President ...
Turkey's central bank will do 'whatever needed' to reach 24% year-end inflation target, governor tells Anadolu
Turkey's central bank will do "whatever needed" to reach its year-end inflation target of 24%, Governor Fatih Karahan told ...
The Canadian Press on MSN18h
Bank of Canada cuts benchmark rate to buffer economy against tariffs
The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy. The policy rate stands at ...