Bank of Canada cuts rates as it warns trade war 'would badly hurt economic activity in Canada'
“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher cost of imported goods will put direct upward pressure on inflation,” Bank of Canada Governor Tiff Macklem said in a prepared opening statement on Wednesday.
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada's latest interest rate cut helped widen ...
Rising costs, declining demand, and complex regulations are converging to create a growing obstacle to the development and ...
The Canadian Press on MSN20h
Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: expertsThe gap in interest rate policies between Canada and the U.S. is set to widen further as the Bank of Canada cut its key ...
That’s the prediction of Bank of America economists who think Canada’s central bank will cut 25 basis points on Jan. 29 and ...
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