Canada's economy likely missed central bank's third quarter growth forecast
Canada's gross domestic product was unchanged in August before likely expanding by 0.3% in September, data showed on Thursday ...
Central bank considered smaller rate cut in October before settling on half point reduction
That’s according to the central bank’s summary of deliberations released Tuesday, which details the governing council’s ...
Money Metals Exchange6d
Gold Gone AWOL? The Curious Case of Foreign Central Banks’ Gold Stored in Canada
With gold re-establishing itself as the leading monetary reserve asset for central banks worldwide, the quantities of ...
Bank of Canada says it is starting to see impact of recent rate cuts
The Bank of Canada will be able to cut interest rates again to support demand and keep inflation on target if the economy ...
Bank of Canada Half-Point Cut Triggered Worries Over Rate Expectations, Minutes Say
Some governing-council members expressed concern that the cut could lead to assumptions that the policy interest rate would ...
Bank of Canada had ‘strong consensus’ for October’s half-point rate cut
Members felt confident inflation pressures would continue to subside, according to a summary of rate-decision deliberations ...
Macklem Says Bank of Canada Will Have to ‘Discover’ Where Neutral Rate Is
Last week, policymakers cut the policy rate by 50 basis points to 3.75%. Easing by that amount doesn’t often happen in Canada ...
Bank of Canada exhorts fintechs to get on board with new rules, warns of repercussions
Point-of-sale software providers, payment apps and other fintech firms in the largely unregulated sector will need to ...
CTV News9d
Canada's economy stalls in August; central bank's Q3 growth forecast in doubt
Canada's central bank has said it wants the economy to strengthen and has cut its key interest rate four times in a row to 3.75 per cent to spur growth after inflation returned to its 1 per cent-3 ...
Some at Bank of Canada Feared Jumbo Cut Would Be Misunderstood
Some Bank of Canada officials worried cutting interest rates by half a percentage point would be misinterpreted as a sign of ...
Bank of Canada’s Tiff Macklem Says Pace and Scope of Rate Cuts Still to Be Determined
Bank of Canada Gov. Tiff Macklem said the central bank’s policy rate is headed downward, but the pace, timing and scope of ...
U.S. News & World Report10d
Canada's Economy Likely Missed Central Bank's Third Quarter Growth Forecast
OTTAWA (Reuters) - Canada's gross domestic product was unchanged in August before likely expanding by 0.3% in September, data showed on Thursday, indicating the economy missed the central bank's ...