Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts
The gap in interest rate policies between Canada and the U.S. is set to widen further as the Bank of Canada cut its key lending rate by a quarter-point on Wednesday, while the U.S. Federal Reserve is forecast to hold rates later this afternoon.
Bank of Canada expected to cut interest rate by quarter point as tariff threat looms
The central bank’s interest rate currently sits at 3.25 per cent, the top-line of the bank’s neutral range. In December, Bank of Canada governor Tiff Macklem said policymakers would take a more “gradual approach” to reductions of the policy rate moving forward.
Bank of Canada cuts rate by quarter point, highlights tariff risk
Central bank lowers its policy rate to 3%, warns Canadian economy’s resilience ‘would be tested’ in trade war with United States
Canadian dollar edges lower as BoC cuts rates on tariff risk
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada cut interest rates to support the economy ahead of expected U.S. trade tariffs, helping to widen the gap between Canadian and U.
BoC expected to lower interest rates today, as forecasts predict quarter-point cut
The Bank of Canada is set to make its first interest rate announcement of the year this morning. Forecasters are widely expecting a quarter-percentage-point cut. That would bring the Bank of Canada's key rate down to three per cent and mark its sixth straight decrease.
Morning Bid: Tech bounces as eyes turn to 'Mag7', Fed meet and Canada cut
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
U.S. Federal Reserve holds rates steady
The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday as it awaits further inflation and jobs data ...
DOGE may target the penny: Why do we still have it anyway?
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal ...
Hosted on MSN3d
Federal Reserve likely to hold interest rates steady
The FedWatch tool shows that the likelihood of further interest rate cuts during this week's FOMC meeting was almost zero per ...
What the looming federal election could mean for the Bank of Canada’s independence
The Bank of Canada’s independence could be tested as Mark Carney, former governor of both the Bank of Canada and the Bank of ...
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 ...
Federal Reserve leaves interest rate unchanged
The United States Federal Reserve left its interest rate unchanged Wednesday after shaving three straight reductions since ...