Bank Of Canada Cuts Rates And Warns Of“Crisis” Caused By Tariffs
The Bank of Canada has lowered interest rates by 25-basis points, saying that the country is“facing a new crisis” due to the ongoing trade bat ...
Canada Central Bank Cuts Key Rate But Flags US Trade Tensions
The Bank of Canada yesterday lowered its key lending rate by 25 basis points to 2.75 percent, while warning“heightened trade ...
Mark Carney Takes Over As Canada Leader, With Trump Call, Europe Trip on Agenda — Update
OTTAWA--Mark Carney took over Friday as Canada's 24th prime minister, kicking off the unofficial countdown to a pending election call in which the former central banker will argue he's best suited to ...
Mark Carney Sworn In as Canada’s Prime Minister: What to Know
OTTAWA—Mark Carney took over Friday as Canada’s prime minister, planting a former central banker known for navigating crises ...
USD/CAD holds below 1.4450 amid trade uncertainty
The USD/CAD pair weakens to near 1.4430 during the late American session on Thursday, pressured by lower US yields. However, ...
Forex Factory16h
Canada between rock and hard place
As expected, the Bank of Canada (BoC) cut overnight interest rates by 25 basis points yesterday, lowering the banking system’s base rate to 2.75%, the lowest since September 2022. In his prepared ...