The Bank of Canada lowered its key interest rate by 25 basis points on Wednesday, simultaneously opening the door to bigger cuts if the economy slows more sharply in the months ahead. As Anne ...

‘Is it worth it to have a recession to get inflation down?’ Economists and NDP leader call on Bank of Canada to dampen rate hikes in face of looming recession and job losses.

The Bank of Canada has raised its key interest rate by three-quarters of a percentage point, bringing the central bank's target for the overnight rate to 3.25 per cent.

In announcing a 50 basis points cut to its key interest rate, Bank of Canada governor Tiff Macklem said he wants to see economic growth strengthen. Sean Kilpatrick/The Canadian Press ...

Futures markets are currently pricing in an 85% chance that Canada’s central bank cuts interest rates by 50-basis points, or half a percentage point, in coming days, according to LSEG data. Twenty-one ...

The latest on Bank of Canada's Dec. 11 interest rate decision The Bank of Canada has delivered its second half-point rate cut in a row, bringing the policy rate to 3.25 per cent from 3.75 per cent.

The central bank has raised rates at a record pace of 400 basis points in nine months to 4.25% – a level last seen in January 2008 – to fight inflation that is far above its target.

The Federal Reserve will lower interest rates by 25 basis points at each of the U.S. central bank's three remaining policy meetings in 2024, according to a majority of economists in a Reuters poll ...

Canada's central bank continued its campaign to wrestle high inflation into submission on Wednesday, raising its benchmark interest rate by 50 basis points to 3.75 per cent. The Bank of Canada's ...

In BMO’s weekly economics report, Robert Kavcic noted that U.S. retail sales less gasoline were up 2.7 per cent year over year in September. This is two full percentage points higher than ...

The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing. Coming just weeks before the presidential election, ...

The Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least an additional 75 basis points of increases in borrowing costs by the end of 2023 as well as a ...