BENGALURU (Reuters) -The Bank of Canada will cut its overnight rate by a quarter point on September 17 as the labour market deteriorates and economic activity weakens, according to most economists in ...
OTTAWA (Reuters) -Economists expect the Bank of Canada to make a second consecutive policy rate cut this week due to a slowing economy and high joblessness. Canada's economy contracted in the second ...
OTTAWA, Sept 17 (Reuters) - The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, and said it would be ready to cut again if risks to ...
The exchange rate of a nation's currency is one of the most important determinants of its state of economic health. Find out ...
After holding the policy rate unchanged in the past three meetings, Bank of Canada on Wednesday resumed its rate cut cycle, lowering its target for the overnight rate by 25 basis points to 2.5%. The ...
The Bank of Canada left its policy rate unchanged for a second straight meeting, in a move widely expected by economists, following two consecutive quarter-point cuts in the second half of 2025. The ...
Bank of Canada officials agreed on holding the overnight rate at 2.25% earlier this month, but are unsure whether their next policy shift will be to lower rates again or to raise them. In a summary of ...