Milton residents cautiously optimistic as inflation drops to Bank of Canada’s target
The residents of Milton have varied responses and are reacting with relief as Canada's inflation rate down to two per cent last month, hitting the Bank of Canada's target after ...
Why the U.S. Fed’s oversized rate cut matters to Canadians
Ripple effects from the U.S. Federal Reserve's half-point rate cut on Wednesday are already being felt in Canada, according to experts.
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Bank of Canada set for rate cuts as inflation drops below target, says Desjardins economist
According to Jean, Canada’s inflation rate fell to 2 percent in August, a pivotal moment for the Bank of Canada. The exact ...
Bank of England holds key rate after U.S. Fed makes 1st cut in 4 years
The Bank of England kept its benchmark interest rate on hold at five per cent on Thursday, mere hours after the U.S. Federal Reserve had delivered an oversized rate cut.
An inside look at how the Bank of Canada makes its interest rate decisions
Deputy governor Nicolas Vincent lays out the steps that begin a month before the central bank's next scheduled announcement ...
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Central bank preparations underway for Fed rate move
Investors have increased their bets on a strong interest rate cut by the US Federal Reserve next week. Trinh Ha, a financial ...
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Bank of Canada must be transparent to maintain trust, external deputy governor says
A senior Bank of Canada official says the central bank must be rigorous and transparent in order to maintain the public's ...
Workers can expect ‘real gains’ in compensation as wage gains outpace inflation
The national average base salary is projected to rise 3.6 per cent in 2025, while inflation is tracking at two per cent, ...
Bank of Canada: Consensus Decisions Don't Mean All Members Agree on Path for Rates
OTTAWA, Sept 19 (Reuters) - Even though the Bank of Canada takes rate decisions on a consensus basis, this does not mean ...
Posthaste: Four risks that could tip Canada's fragile economy into a downturn
Moody’s sees the weakening job market as another rising risk. Canada’s unemployment rate rose to 6.6 per cent in August, the ...
Bank of Canada's July Decision Misunderstood by Some Traders, Senior Official Says
OTTAWA--Some market participants initially misinterpreted the Bank of Canada's message regarding its July decision to cut rates as it pertained to downside economic risks, a senior central bank ...