USD/CAD falls to near 1.4150 as BoC signals a gradual approach to future rate cuts
On Wednesday, the Bank of Canada implemented another substantial 50 basis point rate cut, bringing the main interest rate down to 3.25%. With Canada's Unemployment Rate reaching multi-year highs, the BoC has all the necessary grounds to disregard recent inflation upticks.
Canada's main stock index rose on Wednesday, led by resource stocks, as investors cheered the Bank of Canada's latest ...
After quickly chopping interest rates down from the highest levels in two decades, the Bank of Canada is pivoting to a more ...
The Bank of Canada's downshift to gradual rate cuts next year is justified even with the economy facing U.S. tariffs and a ...
The decision by the Bank of Canada to cut its overnight interest rate by another 50 basis points yesterday was largely ...
Forecasters were widely expecting the jumbo interest rate cut after the November labour force survey showed the unemployment ...
Canada's main stock index rose on Tuesday, helped by mining shares, as investors cheered the Bank of Canada's hefty interest ...
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Ex-Customs ‘fixer’ Taguba: I paid P5M to join 'Davao Group' amid harassment from BOC officialsFormer Bureau of Customs (BOC) “fixer” Mark Taguba told the House Quad Committee he spent P5 million to join the “Davao Group ...
THE reduction in rice tariff rates to 15 percent has costed the national government P13.3 billion in foregone revenues, ...
Bank of Canada cut interest rates for a fifth time in a row, by 50 bps to 3.25%, in line with market expectations. "With the policy rate now substantially lower, we anticipate a more gradual approach ...
Chief among Governor Tiff Macklem’s concerns will likely be the jobless numbers at a post-pandemic high, and the ...
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