“Increased trade friction with the United States is a new reality,” he warned Friday, adding that “Unlike the pandemic, if tariffs persist there will be no economic bounceback,” noting that tariff ...

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

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

The U.S. dollar rose against a broad range of currencies on Friday including the euro, sterling and those tied to commodities such as the Australian dollar, as investors consolidated positions ahead ...

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

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.

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 ...

OTTAWA--The Bank of Canada has begun work on the renewal next year of its inflation-targeting framework, although Gov. Tiff Macklem on Friday kiboshed any talk of changing the target level from 2%.