Bank of Canada cuts interest rate, warns it can do little to offset U.S. tariff impact
Canada's central bank lowered its interest rate by 25 basis points to three per cent on Wednesday, as the Bank of Canada governor warned there is little he can do to negate the economic impact of U.S.
Bets rise for an emergency rate cut by Bank of Canada
Consistent with higher expectations for additional Bank of Canada rate cuts — following six since June, most recently a quarter-point reduction to three per cent on Jan. 29 — Canadian short-term bond yields tumbled. The two-year notes fell nearly 20 basis points to a low of 2.45 per cent, last seen in 2022.
Top Bank of Canada officials speak after latest interest rate cut
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 basis points to 3%.
Here's what the new Bank of Canada interest rate cut means
In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the country's central bank
Trump tariffs would push Bank of Canada to cut interest rates more this year, says BMO
U.S. President Donald Trump’s tariffs would push Canada’s economy into a recession and cause unemployment to surge, BMO’s chief economist said in a research note, likely pushing the Bank of Canada to cut its benchmark interest rate at its next six meetings through October.
Bank of Canada cites Trump tariff threats in decision to cut key interest rate to 3%
Bank of Canada governor Tiff Macklem said that there is not much central bankers can do to offset the economic consequences of a trade war with the U.S.
Bank of Canada cuts key interest rate again
The Bank of Canada cut its key policy rate by 25 basis points on Wednesday, bringing it to three per cent. On Wednesday morning, the Bank of Canada announced it reduced its target for the overnight rate to three per cent,
Live: Bank of England cuts interest rates to 4.5%
The Bank of England voted to reduce the base rate by 25 basis points at the first MPC meeting of the year, as widely anticipated
What the new Bank of Canada interest rate cut means for Canadians
In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the country’s central bank announced it had reduced the policy rate from 3.25% to 3%.
Yen hits 8-week high; sterling drops after Bank of England rate cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling slid as the Bank of England cut rates.
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10 steps to take with the Bank of Canada interest rate change: How 1.2 million mortgage holders can prepare
How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners ...
Bond Traders Add Wagers on Emergency Rate Cut by Bank of Canada
Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of ...
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Bank of Canada Cuts Interest Rate to 3%
The Bank observed underlying inflation is now close to its target of 2% and that it will remain around this target over the ...