The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed ...
The central bank must balance the risk of tariff-fueled higher inflation and the damage to growth from U.S. trade policy, Gov ...
Bank of Canada Governor Tiff Macklem has warned that US tariffs and Canada’s planned retaliatory measures could severely harm the economy, reducing growth while increasing inflation.
OTTAWA, March 12 (Reuters) - The Bank of Canada released the following statement on Wednesday: ...
Bank of Canada (BoC) Governor Tiff Macklem discussed the central bank’s policy outlook and answered questions from the media after the BoC lowered its policy rate by 25 basis points to 2.75% at the ...
Bank of Canada Governor Tiff Macklem launched the central bank’s review of its framework, but strongly suggested that officials are likely to re-endorse the bank’s current approach to ...
The Bank of Canada cut interest rates by a quarter percentage point and called the trade battle with the US a “new crisis,” ...
Bank of Canada Governor Tiff Macklem warned that a full-blown trade war with the United States would permanently weaken the Canadian economy and cautioned that the central bank has few tools to ...
Bank of Canada governor Tiff Macklem, who cut the bank's key interest rate on Wednesday, said the bank expects tariffs to ...
Bank of Canada Governor Tiff Macklem says underlying price pressures may be cooler than indicated by the central bank’s two preferred measures of core inflation. Inflation data for January ...
MISSISSAUGA, Ont. — Bank of Canada governor Tiff Macklem says the central bank doesn't have a lot of tools in its toolbox to mitigate the devastating effects tariffs would have on the economy.