Bank of Canada slashes interest rate, warns of tariffs
The Bank of Canada cut interest rates by half a point to 3.25% on Wednesday to kickstart some growth in the Canadian economy.
Bank of Canada Delivers Second Straight Half-Point Cut
For the second time in a row, the Bank of Canada cut its main interest rate by a half-percentage point, saying lower rates are needed to address weaker-than-expected growth and a softening labor market.
Bank of Canada cuts rates by 50 bps says more gradual approach to follow
The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday to help address slower growth, though Governor Tiff Macklem indicated that further cuts would be more gradual and said he does not expect a recession.
Bank of Canada cuts interest rate over Trump’s tariff threat
Canada's central bank reduced its interest rate by half a percentage point on Wednesday and urged Donald Trump not to impose tariffs on Canadian imports. This marks the fifth consecutive rate cut since June,
Ontario Premier Says US Energy Exports Will Be Cut off if Trump Imposes Sweeping Tariffs on Canada
The premier of Canada’s most populous says he will cut off energy to the United States if President-elect Donald Trump imposed sweeping tariffs on all Canadian products
Ex-Bank of Canada Official Sees Key Rate Hitting 2.75% Soon
Former Bank of Canada Deputy Governor Paul Beaudry expects policymakers to cut their key interest rate until it hits at least 2.75%, with the path beyond that point less clear.
Bank of Canada slashes interest rates with another jumbo cut
Bank of Canada Governor Tiff Macklem also said for the first time that the possibility the new administration of US President-elect Donald Trump might impose tariffs
Swiss Central Bank Cuts Policy Rate By 50 Bps
Amid easing inflationary pressures, the Swiss National Bank reduced its benchmark rate by a sharper-than-expected 50 basis points to
Swiss National Bank cuts interest rates by 50 basis points
The Swiss National Bank cut its interest rate by 50 basis points on Thursday, its biggest reduction in almost 10 years as it sought to stay ahead of expected cuts by other central banks and cap the rise of the Swiss franc.
Canada central bank makes half point rate cut to 3.25%
Canada's central bank on Wednesday lowered its key lending rate by 50 basis points to 3.25 percent, seeking to aid a slowing economy facing uncertainty following a tariff threat from US President-elect Donald Trump.
Tiff Macklem explained today's rate decision and what he's keeping an eye on going forward
Bank of Canada Governor Tiff Macklem explained today's rate decision and what he's keeping an eye on going forward.
Trump Tariff Threat Marks ‘Major’ Uncertainty for Canadian Economy, Bank of Canada Says
President-elect Donald Trump’s pledge to slap a 25% tariff on imports from Canada in his first days in office has clouded the ...
BoC Governor Macklem speaks on outlook after cutting policy rate by 50 bps to 3.25%
The Bank of Canada (BoC) will announce its decision on monetary policy on Wednesday. The BoC is widely anticipated to trim ...
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BoC dropped the overnight rate for a fifth time in 2024: How it will impact the prime rate in Canada?
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Some Canadian Premiers Call For ‘Robust’ Response To Trump’s Tariff Threats
Some Canadian premiers are calling on the government to respond strongly to tariff threats from President-elect Donald Trump, Canada’s Finance ...