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Governor Tiff Macklem warns uncertainty is unusually elevated and risks could shift
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.
Macklem's comments come after he previously said the bank is willing to look at rising inflation tied to higher gas prices
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
Macklem expressed concerns that global trade and financial imbalances are widening again
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...
Bank of Canada governor Tiff Macklem says he’s not…
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...
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.
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...
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...
The Bank of Canada held its benchmark interest rate…
Looks like the BOC is set to hold rates again, but Macklem’s tone could decide whether CAD rallies or reverses this week.
Bank of Canada governor calls for a global rebalancing as savings pour into the US
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.
A weak economy and rising oil keep the bank on hold, with its next move still up for grabs
Holds key interest rate at 2.25%
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...
OTTAWA — Prime Minister Mark Carney took part in a video call involving Group of Seven countries and China today to address global economic imbalances. A spokesperson for the Prime...
Canadian Prime Minister Mark Carney's speech at the World Economic Forum in Davos, Switzerland, became a symbol of middle-power resistance in January, when he declared the global r...
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.
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