Canada's economy likely missed central bank's third quarter growth forecast
Canada's gross domestic product was unchanged in August before likely expanding by 0.3% in September, data showed on Thursday ...
Global News on MSN8d
Bank of Canada worried jumbo rate cut would send sign of ‘economic trouble’
COVID-19 pandemic. That oversized step brought the policy rate down to 3.75 per cent. But a summary of the governing ...
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 ...
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 ...
Money Metals Exchange10d
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 ...
Reuters21d
Canada central bank officials speak after rate cut
TORONTO, Oct 23 (Reuters) - The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four years, and hailed signs ...
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 ...
CTV News13d
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 per cent to spur growth after inflation returned to its 1 per cent-3 ...
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 would be ‘justified’ cutting rates by half a point. Here’s why
The Bank of Canada is set for another interest rate decision on Wednesday. Here's how economists view the odds of another rate cut, and how much the policy rate could drop.
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 ...