Mark Carney, the frontrunner to be the next Canadian prime minister, has said his country is "going to stand up to a bully" after US President Donald Trump announced tariffs of 25% on Canada. Speaking exclusively to BBC Newsnight, 59-year-old Carney said Canada will "match dollar for dollar the US tariffs".

The Bank of Canada’s independence could be tested as Mark Carney, former governor of both the Bank of Canada and the Bank of England, is now running for leader of the Liberal Party.

Liberal Party candidate Ruby Dhalla has joined the race to replace Justin Trudeau as Canada’s prime minister. Born in Winnipeg’s Manitoba to immigrants from Punjab, Dhalla has been part of the Liberal Party since she was a teenager.

Carney helped Canada dodge the worst of the 2008 crisis while heading the country’s central bank. He also helped the U.K. to manage the after effects of Brexit during his 7-year tenure as governor of the Bank of England. “Mark brings unparalleled ...

Pro-Palestinian protesters and a significant endorsement of her rival for the Liberal Party leadership have marred former Finance Minister Chrystia Freeland’s campaign launch for the job of Canada’s n

The U.S. Fed signalled a more cautious approach as the it seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.

Here’s the Bank of Canada’s official statement for its rate decision:

The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.

Since Mark Carney became a candidate for the leadership of the Liberal Party of Canada, images appearing to show him with Ghislaine Maxwell, Jeffrey Epstein and Klaus Schwab have started to circulate on social media.

WASHINGTON - US President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.

The 2008 financial crisis and its aftermath vaulted central bankers from obscure technocrats to leading actors in the global economy.

US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.