However, Orlando predicts for 2025, the bank will cut the lending rate in total by another 100 basis points by the end of the ...
A spate of central bank policy decisions are also due over the next week, with the Bank of Japan widely expected to raise ...
In its fifth and final major announcement, the Bank of Canada (BoC) reduced its key interest rate from 3.75 percent to 3.25 percent to support the Canadian economy. This decision ...
Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, says he is entering the race to be Canada’s next prime minister ...
Fixed announcement dates and the exchange rate market The Bank of Canada releases monetary policy decisions on fixed announcement dates, or FADs, that are known up to one year in advance. We focus on ...
BMO’s prime rate was lowered to 5.45% on December 11, 2024, following the Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like mortgages ...
Markets have continued to unwind USD longs as US Treasuries had another strong session, and a delay in tariff announcements ...
- European equity markets opened flat to mixed, reflecting traders read on US Pres Trump's inauguration and policy ...
The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, ...
Spartan issued $85 million worth of new shares to National Bank Financial to help fund the company's development project in ...
December’s inflation results were heavily influenced by the GST tax break on some items that took effect halfway through the ...
Santander has already begun trimming its UK workforce, announcing in October a reduction of 1,400 jobs as part of a cost-saving initiative called “Project Nike”. Should Santander exit UK retail and ...