Bank of Canada cuts interest rate by half a percentage point, highlights risk of Trump’s tariffs
Canada’s central bank lowered its key interest rate by half a percentage point while highlighting the risk of U.S.
Bank of Canada cuts rates by 50 bps says more gradual approach to follow
The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday to help address slower growth, though Governor Tiff Macklem indicated that further cuts would be more gradual and said he does not expect a recession.
Trump Tariff Threat Marks ‘Major’ Uncertainty for Canadian Economy, Bank of Canada Says
President-elect Donald Trump’s pledge to slap a 25% tariff on imports from Canada in his first days in office has clouded the outlook for the Canadian economy, Bank of Canada Gov. Tiff Macklem said Wednesday.
Bank of Canada slashes interest rates with another jumbo cut
Bank of Canada Governor Tiff Macklem also said for the first time that the possibility the new administration of US President-elect Donald Trump might impose tariffs
Bank of Canada cuts rates by 50 bps, frets over possible Trump tariffs
Canada's main stock index opened higher on Tuesday, helped by technology shares, as investors assessed U.S. inflation data and awaited the Bank of Canada's key policy decision due later in the day.
Bank of Canada Delivers Second Straight Half-Point Cut
For the second time in a row, the Bank of Canada cut its main interest rate by a half-percentage point, saying lower rates are needed to address weaker-than-expected growth and a softening labor market.
Canada central bank makes half point rate cut to 3.25%
Canada's central bank on Wednesday lowered its key lending rate by 50 basis points to 3.25 percent, seeking to aid a slowing economy facing uncertainty following a tariff threat from US President-elect Donald Trump.
Bank of Canada cuts interest rate by another 50 basis points as expected
The Bank of Canada cut its key interest rate by 50bps for a second consecutive time in its December decision, as expected by markets. This is the fifth consecutive decrease since June and brings the rate to 3.
Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada
The premier of Canada's largest province said Wednesday he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all Canadian products. Trump has threatened to impose a 25% tax on all products entering the U.
Bank of Canada cuts key interest rate to 3.25% with slower pace of cuts going forward
The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving forward.
Trudeau Says Canada ‘Will Respond’ If Trump Imposes Tariffs
Prime Minister Justin Trudeau said Canada “will respond” if US President-elect Donald Trump imposes new tariffs on Canadian imports, and argued that retaliatory tariffs were successful when Trump put tariffs on Canadian steel and aluminum in 2018.
Tiff Macklem explained today's rate decision and what he's keeping an eye on going forward
Bank of Canada Governor Tiff Macklem explained today's rate decision and what he's keeping an eye on going forward.
BoC Governor Macklem speaks on outlook after cutting policy rate by 50 bps to 3.25%
The Bank of Canada (BoC) will announce its decision on monetary policy on Wednesday. The BoC is widely anticipated to trim ...
Tiff Macklem on BoC rate cut: Monetary policy out of 'restrictive territory'
Governor of the Bank of Canada Tiff Macklem says Canada's monetary policy is no longer on the defense as the December rate cut keeps inflation close to target.
Trump Mocks Trudeau After Canadian Leader Warns Tariffs Will Hurt Americans
The president-elect has pledged to levy a 25% tariff on all goods imported from Canada on his first day in office.