In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...

The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 ...

Are interest rates still too high ... the bank might need to respond if tariffs are imposed.” The Bank of Canada cut its key policy rate by 25 basis points on Wednesday, bringing it to 3%.

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...

The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...

The gap in interest rate policies between Canada and the U.S. widened further as the Bank of Canada cut its key lending rate ...

Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.

The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...

The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of rate ...

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target LONDON -- The Bank of England is widely ...