Experts say Donald Trump’s election victory could shift interest rate policy in the U.S. as his promised policies risk higher ...
The U.S. would also face higher prices on consumer goods (inflation!), but likely the effects would be less severe than they ...
The Bank of Canada began cutting rates before the Fed as the Canadian economy weakened faster and more significantly under the weight of rate hikes meant to fight inflation. “I think the divergence in ...
Members felt confident inflation pressures would continue to subside, according to a summary of rate-decision deliberations ...
The Bank of Canada began cutting rates before the Fed as the Canadian economy weakened faster and more significantly under ...
To measure inflation every month, Statistics Canada tracks the prices for a long list—what it calls a representative “basket”—of goods and services. The contents of the basket reflect how much ...
While plenty of consumers believe the Bank of Canada’s steady interest rate cuts will drop mortgage rates meaningfully across ...
The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation's economy is actually doing a lot better. Inflation is ...
"It's rational that rates are coming down, and so we should feel relief. But in reality, the psychology is so much different." ...
The Bank of Canada's governing council felt its key borrowing cost was not needed to be as restrictive ahead of its Oct. 23 ...
The numbers provide one piece of the puzzle that the Bank of Canada is assembling to decide whether to supersize the next ...
The main goal of the BoC is to maintain inflation at 1-3% by adjusting interest rates up or down. Relatively higher interest rates tend to be positive for the CAD. The Bank of Canada can also use ...