The minutes cover deliberations leading up to the decision on Oct. 29 to cut the target rate by a quarter point to 2.25%.
Below are some key quotes from a news conference by the Bank of Canada Governor Tiff Macklem and Senior Deputy Governor ...
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Financial market participants believe the Bank of Canada will hold interest rates at their current level of 2.25 per cent ...
There were signs inflation was easing in October, but a more muddled picture under the hood has most economists expecting the ...
OTTAWA - The Bank of Canada's governing council was on the same page about the need to lower its benchmark interest rate last ...
Economic growth is expected to remain tepid through the second half of 2025, he said.
The Bank of Canada said on Wednesday it expects interest rates to remain at current record lows into 2023, as it shifted its ...
OTTAWA — The Bank of Canada is signalling it might be done cutting interest rates in the short term but that doesn't mean economic growth is going to pick up quickly after a "structural" hit from U.S.
The Bank of Canada sets interest-rate policy to achieve and maintain 2% inflation, or the midpoint in a 1%-to-3% range. The survey suggested that nearly 90% of respondents believe inflation ends 2025 ...
BENGALURU (Reuters) -The Bank of Canada will reduce its overnight interest rate by 25 basis points on October 29 for a second consecutive time to support a weak economy under threat from U.S. tariffs, ...