Bank of Canada rate cut reflects U.S. tariff threat, officials fear permanent GDP hit
Bank of Canada officials decided to cut its benchmark interest rate by 25 basis points to 3% last month to better balance ...
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Bank of Canada Cut Rates to Shield Economy From Possible Trade Fallout, Minutes Say
A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to ...
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Bank of Canada Lowers Rates as Tariff Concerns Grow
Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.
Bank of Canada Adds Second Outsider to Rate-Setting Council
The Bank of Canada has appointed Michelle Alexopoulos to the central bank’s second outsider position, expanding its ...
Stock market today: Dow leads stocks lower as hot inflation data pushes back rate cut hopes
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...
Outlook for Bank of Nova Scotia Stock in 2025
Despite short-term macroeconomic challenges and uncertainties about interest rate moves, Scotiabank’s growth outlook for 2025 ...
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January rate cut came as Bank of Canada weighed U.S. tariff threat
The potential for a long trade war with the United States, and the uncertainty it brings even if the threat isn’t realized, ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead ...
White House official says 25% steel tariffs would stack on other levies on Canada
A White House official said late Tuesday that US President Donald Trump's planned 25% tariffs on all steel and aluminum imports would be added onto other levies on Canadian goods, resulting in a total ...
Canadian Dollar remains in steady range on Tuesday
The Canadian Dollar (CAD) remains buried within consolidation against the Greenback. The Loonie briefly fell to its lowest ...
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The best GIC rates in Canada for 2025
Despite focusing primarily on servicing eastern Canada, National Bank of Canada’s products ... you’ll want to pay attention to a few key numbers. The interest rate of the GIC itself is ...