Bank of Canada holds interest rate as economic weakness amid rising inflation poses 'dilemma'
Governor Tiff Macklem warns uncertainty is unusually elevated and risks could shift
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Governor Tiff Macklem warns uncertainty is unusually elevated and risks could shift
Macklem's comments come after he previously said the bank is willing to look at rising inflation tied to higher gas prices
Bank of Canada governor Tiff Macklem says he’s not…
The Bank of Canada’s top official is warning that over-investment in the U.S. is creating broader correction risks for the global financial system.
Looser bank capital rules alone won’t boost economic activity, according to Bank of Canada Governor Tiff Macklem, echoing analysts who questioned whether a recent regulatory change...
Bank of Canada governor would be well-advised to start going easy on even hinting at any rate increase
The Bank of Canada will deliver its latest interest rate decision on Wednesday and almost surely hold rates steady at 2.25%, the same place where rates have been since a cut in Oct...
Macklem expressed concerns that global trade and financial imbalances are widening again
Any Bank of Canada decision on a possible rate hike is less about a timeline and more about conditionsMacklem notes that core inflation has ticked downBank would also look at infla...
The Bank of Canada held its key interest rate but reiterated that U.S. trade uncertainty and the Iran war may mean it needs to either cut or deliver consecutive hikes to keep infla...
BoC leadership facing an inflationary spike and sluggish, if rebounding, growth
The Bank of Canada is widely expected to continue holding its policy interest rate for a fifth consecutive meeting, after recent data pointed to a weaker economy than the central b...
The Bank of Canada held its benchmark interest rate…
Bank of Canada governor calls for a global rebalancing as savings pour into the US
The Bank of Canada is widely expected to hold its policy rate at 2.25% this week, but economists remain divided over how soon the central bank may need to begin raising rates.
Bank of Canada officials rejected the notion that the country’s economy is in recession as they set borrowing costs earlier this month, though they acknowledged weak growth and lab...
At an impromptu press conference, Carney, now prime minister of Canada, reaffirmed that the Bank was ready to do whatever was necessary to uphold financial stability.
The Bank of Canada held interest rates steady for a sixth consecutive meeting as policymakers see the economy rebounding and oil price-driven inflation fading.
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.Canada’s economy is showing signs of improv...
Bank of Canada External Deputy Governor Nicolas Vincent says the country’s labour market is undergoing structural change — as evidenced by its “low hire, low fire” environment — th...
Looks like the BOC is set to hold rates again, but Macklem’s tone could decide whether CAD rallies or reverses this week.
A weak economy and rising oil keep the bank on hold, with its next move still up for grabs
Fed Chairman Kevin Warsh will participate in a panel discussion with the President of European Central Bank Christine Lagarde, Bank of England Governor Andrew Bailey, and Bank of C...
Holds key interest rate at 2.25%
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