Better Dwelling1d
Canada Makes A Huge GDP Revision, BoC Made Supersized Rate Cut On Bad Data
Canada must have found some economic progress in the pocket of an old winter coat. Last week Statistics Canada (Stat Can) ...
Canada central bank officials speak after rate cut
The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move ...
Bank of Canada says it is starting to see impact of recent rate cuts
The Bank of Canada will be able to cut interest rates again to support demand and keep inflation on target if the economy ...
Central bank considered smaller rate cut in October before settling on half point reduction
That’s according to the central bank’s summary of deliberations released Tuesday, which details the governing council’s ...
Money Metals Exchange9d
Gold Gone AWOL? The Curious Case of Foreign Central Banks’ Gold Stored in Canada
With gold re-establishing itself as the leading monetary reserve asset for central banks worldwide, the quantities of ...
Bank of Canada Half-Point Cut Triggered Worries Over Rate Expectations, Minutes Say
Some governing-council members expressed concern that the cut could lead to assumptions that the policy interest rate would ...
U.S. News & World Report12d
Canada's Economy Stalls in August; Central Bank's Q3 Growth Forecast in Doubt
Canada's central bank has said it wants the economy to strengthen and has cut its key interest rate four times in a row to 3.75% to spur growth after inflation returned to its 1%-3% control range.
Bank of Canada ready for another half-point rate cut if warranted, Macklem says
Governor Tiff Macklem says the bank’s recent interest rate cuts are starting to feed through into the economy, with an uptick ...
Bank of Canada’s Tiff Macklem Says Pace and Scope of Rate Cuts Still to Be Determined
Bank of Canada Gov. Tiff Macklem said the central bank’s policy rate is headed downward, but the pace, timing and scope of ...
Bank of Canada had ‘strong consensus’ for October’s half-point rate cut
Members felt confident inflation pressures would continue to subside, according to a summary of rate-decision deliberations ...
Some at Bank of Canada Feared Jumbo Cut Would Be Misunderstood
Some Bank of Canada officials worried cutting interest rates by half a percentage point would be misinterpreted as a sign of ...