Canadian dollar weakens as BoC signals likely tariff response
TORONTO, Feb 21 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Friday as the greenback notched ...
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TSX Closer: The Index Completes a Hat Trick of Losses Amid Concerns Around the Impact of Likely Tariffs
The Toronto Stock Exchange fell for a third-straight session Friday, dropping sharply as a tariff war between Canada and the United States is seen as imminent while oil prices moved sharply lower. The ...
Bank of Canada sees trade war permanently cutting output by 2.5%
While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a ...
Bank of Canada’s Macklem Doubts Core Inflation Gauges, Pledges Review
Bank of Canada Governor Tiff Macklem says underlying price pressures may be cooler than indicated by the central bank’s two ...
Bank of Canada Gov. Macklem Warns of ‘Severe’ Fallout From Trade Row With U.S.
The central bank head says the next rate decision on March 12 depends on “facts on the ground” as Trump’s tariff threat ...
Canada Core CPI Data Might Be 'Little Bit Overstated,' Bank of Canada Governor Says
OTTAWA--Bank of Canada Gov. Tiff Macklem said some technical features related to their preferred gauges of core inflation might be overstating the degree of price increases in the economy.
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Trade war would wipe out economic growth, push inflation higher: Macklem
U.S. tariffs and Canada’s retaliation to them would have a devastating effect on the economy, pulling growth down while ...
Bank of Canada Gov. Macklem Warns of 'Severe' Fallout From Trade Row With U.S. — Update
OTTAWA--Canada's economy is on solid footing but the breakout of a protracted trade conflict with the U.S. would have "severe" consequences and demand further rate cuts, Bank of Canada Gov. Tiff ...
Bank of Canada CPI-Targeting Review Won't Touch 2% Level, Macklem Says — Update
Since 1995, the Bank of Canada and Department of Finance have agreed on a mandate that compels central-bank policymakers to set interest rates to achieve and maintain 2% inflation, and that framework ...
'Compelling reasons' remain for a Bank of Canada cut in March: National Bank
Various signals from the BoC suggest it might not be swayed by delayed U.S. tariffs and robust jobs and inflation data.
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BoC's March 12 decision: A cut, a pause, or a surprise?
The Bank of Canada’s decision on whether to continue cutting interest rates faces new challenges. While inflation slowed to 1.9 percent in January, according to Statistics Canada, economists estimate ...