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Macklem signals caution on rate cuts
Canada’s top central banker is pushing back on hopes for rapid rate relief, signaling ...
In an interview with the Financial Post following a speech in Toronto this week, Macklem reiterated that though recession is “a possible outcome,” the bank’s base forecast is still that Canada retains ...
The Bank of Canada is holding its key interest rate at 2.25 per cent for a second consecutive meeting, a move that was widely expected by analysts.
Central banker says rate cuts aimed at lifting economy adapting to U.S. trade friction, technological advances might backfire.
Restructuring the Canadian economy to cope with U.S. tariffs, slower population growth and the rise of artificial intelligence will take years, and could be painful, Bank of Canada Governor Tiff ...
OTTAWA (Reuters) -The Bank of Canada will be putting more emphasis on potential risks when it decides what to do about interest rates later this month even as it tries to be more forward-looking, ...
Canada's economy has teetered from the impact of US tariffs, but there is no evidence that Bank of Canada Governor Tiff Macklem has called for Prime Minister Mark Carney to step down, as claimed in ...
Senior Bank of Canada policymakers identified the pending U.S.-led review of the existing North American trade treaty as an “important risk” to the economic outlook, according to minutes.
OTTAWA—Worries about the independence of the Federal Reserve have dampened the U.S. dollar’s appeal as a hedge during turbulent times, Bank of Canada Gov. Tiff Macklem said Tuesday. In both a speech ...
OTTAWA, June 18 (Reuters) - The Bank of Canada Governor Tiff Macklem said on Wednesday that the prospect of a new Canada-U.S. trade deal offers hope that tariffs will be removed, but cautioned that ...
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