The Canadian Press on MSN19m
Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: expertsThe gap in interest rate policies between Canada and the U.S. widened further as the Bank of Canada cut its key lending rate by a quarter-point on Wednesday, while the U.S. Federal Reserve held rates steady.
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a decision to be announced today.
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TSX futures rise ahead of rate decisions from Fed, Bank of Canada
Bank of Canada's view on tariff impacts reverberates ahead of Fed decision
The Bank of Canada outlined the possible impacts of an all-out trade war with the U.S. on Wednesday, which could end up having ramifications for Federal Reserve officials. One of the BoC's conclusions was that there could be slower economic growth and higher inflation in both the U.
Key takeaways from the Fed's decision to pause interest rate cuts
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The latest rate decision will be announced today at 9:45 a.m. ET followed by a press conference by Governor Tiff Macklem and senior deputy governor Carolyn Rogers at 10:30 a.m. ET
The United States Federal Reserve left its interest rate unchanged Wednesday after shaving three straight reductions since September. The target range remained 4.25 per cent to 4.5 per cent. The move increases the gap between the Fed and the Bank of Canada which cut its rate to 3 per cent Wednesday.
The US Federal Reserve announced today that it will hold its policy interest rate steady in the target range between 4.25 and 4.5 per cent.
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year,
Canada's main stock index rose to a seven-week high on Wednesday as the Federal Reserve pointed to robust U.S. economic activity and after the Bank of Canada cut interest rates to help the domestic economy cope with expected U.
TORONTO - Canada's main stock index closed higher Wednesday as the Bank of Canada cut its key lending rate, while U.S. stock markets dipped as the U.S. Federal Reserve kept
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation i
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