The Bank of Canada has appointed Michelle Alexopoulos to the central bank’s second outsider position, expanding its ...

The Bank of Canada is expected to lower its key interest rate by 25 basis points on Wednesday, as mounting trade tensions and political uncertainty weigh on the country’s economic outlook.

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 ...

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...

The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of rate ...

Chart 1 plots the interest rate that the Government of Canada pays to borrow for ... For instance, Mendes (2014) and, more recently, Chen and Dorich (2018) provide Bank of Canada estimates of the ...

The Bank of Canada is expected to cut its policy rate by 25 basis points on Wednesday, amid widespread trade uncertainty with the United States. The central bank’s interest rate currently sits at 3.25 ...

The Bank of Canada on Wednesday lowered its overnight policy interest rate by 25 basis points to 3% at the first monetary policy meeting of 2025. Deciding in line with market expectations ...

As predicted, the Bank of Canada lowered its interest rate today. In the announcement, the key overnight lending rate dropped by a quarter per cent, bringing the rate to three per cent. A year ago, ...