U.S. tariffs and Canada’s retaliation to them would have a devastating effect on the economy, pulling growth down while reigniting inflation, said Bank of Canada governor Tiff Macklem. “A new crisis ...

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 ...

The Bank of Canada has cut interest rates in quick succession over the past several months as inflation has moderated from its highs.

Bank of Canada governor Tiff Macklem says the central bank doesn’t have a lot of tools in its toolbox to mitigate the devastating effects tariffs would have on the economy. In prepared remarks for a ...

There are “compelling reasons” to expect another Bank of Canada (BoC) interest rate cut in March, in spite of recent economic ...

Bank of Canada Governor Tiff Macklem launched the central bank’s review of its framework, but strongly suggested that ...

Australia's S&P/ASX 200 shed 0.3% to 8,300.90, while South Korea's Kospi slipped 0.2% to 2,650.17. Hong Kong's Hang Seng ...

NEW YORK -- A sharp slide for Walmart on Thursday helped pull Wall Street off of its record. The S&P 500 slipped 0.4% for its ...

Bank of Canada Governor Tiff Macklem says underlying price pressures may be cooler than indicated by the central bank’s two ...

OTTAWA, Feb 21 (Reuters) - he Bank of Canada's 2% inflation target should be maintained in a review set for 2026, Governor ...

The central bank will instead focus on refining core inflation gauges and look at whether shelter costs are distorting ...