Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Canada Inflation Eases to 1.8% Thanks to Tax Break
Stripping out the effects of the tax holiday, annual inflation ticked up for December to 2.3%.
Fed leaves rate unchanged, points to stubborn inflation
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
Top Bank of Canada officials speak after latest interest rate cut
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
Canada's annual inflation rate drops to 1.8% in December on sales tax relief
Karen Vasquez, 44, walked out of jail in Cuba on Sunday, part of a deal brokered by the Vatican under which the Biden ...
Howard Lutnick, Trump Commerce secretary pick, says it's 'nonsense' that tariffs cause inflation
President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs ...
Canada’s inflation rate drops to 1.8% in December as sales tax break eases consumer prices
Statistics Canada revealed on Tuesday that the annual inflation rate in Canada fell to 1.8% in December, marking an ...
Tariff War Would Push Inflation Higher in Canada, Macklem Says
Bank of Canada Governor Tiff Macklem has managed to wrestle inflation back under control. But a looming US-Canada tariff war ...
Trump's tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes
President Donald Trump has already forced Colombia to accept deportees by threatening tariffs and is readying the same move ...
Inflation in Canada Eases to 1.8% on Trudeau Sales Tax Break
For the first time since 2019, Canadian inflation stayed within the central bank’s target range for a full year, a mark of ...
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Inflation slows ahead of Bank of Canada’s 1st rate decision of 2025
1:40 Canada’s tax ‘holiday’ has had mixed results, businesses say December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of ...