Bank of Canada, governor

Bank of Canada considered leaving rates unchanged, governor tells Reuters
The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed to cut for the seventh consecutive time, Governor Tiff Macklem said in an interview on Wednesday.
Bank of Canada cuts interest rate to 2.75% as country faces 'new crisis' from tariffs
The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ongoing trade war with the U.S. begins to strain the Canadian economy.
Bank of Canada governor says trade war is different for the economy than COVID
The COVID-19 pandemic eventually brought a rapid recovery for the economy, but Bank of Governor Tiff Macklem says don’t expect the same to happen if the country winds up in a trade war. He says trade tensions would mean less investment in the country from businesses and there’s only so much monetary policy can do to help.
Bank of Canada Cuts Rates for Seventh Time, Warns of “Crisis” from U.S. Trade War
The Bank of Canada has lowered interest rates by 25-basis points, saying that the country is “facing a new crisis” due to its ongoing trade
Bank of Canada to be cautious about future rate moves: Full text
OTTAWA, March 12 (Reuters) - The Bank of Canada released the following statement on Wednesday:
Bank of Canada cuts key rate to 2.75% as trade war rattles economy
Governor Tiff Macklem says the bank lowered rates to help cushion the impact of trade volatility, but would ‘proceed carefully with any further changes to our policy rate’
Interest rate cut to reduce the impact of trade war: CPA Canada’s chief economist
The Bank of Canada’s decision to cut its key interest rate aims at softening the impact of an escalating trade war with the U.S. as the Canadian economy begins to falter from its strong footing at the start of 2025.
Bank of Canada cut a 'Band-Aid': Economists say interest rates have further to fall
The Bank of Canada cut interest rates by 25 basis points to 2.75 per cent — the seventh consecutive reduction — as it finds itself grappling with uncertainty created by United States President Donald Trump’s tariff onslaught.
Bank of Canada likely to cut rates 25 bps to cushion economy from tariffs
The Bank of Canada will likely cut its benchmark rate by a quarter point on Wednesday to cushion the economy against U.S. tariffs, several economists said.
Bank of Canada cuts key rate, cites 'pervasive uncertainty' of U.S. tariff threats
Bank of Canada governor Tiff Macklem, who cut the bank's key interest rate on Wednesday to 2.75 per cent, says trade conflict with the U.S. can be expected to 'weigh on economic activity, while also increasing prices and inflation.
U.S. trade 'crisis' will drive up prices, Bank of Canada warns after rate cut
Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States.
Who is Mark Carney, the crisis-handling former central bank governor turned Canada’s next leader?
Canada’s next leader is a relative political newcomer, coming instead from a decades-long career in finance where he steered ...
Is Mark Carney a billionaire? Know the net worth of Canada's next PM
Mark Carney has won the leadership race for the Liberal Party and is set to become Canada's next prime minister, succeeding ...
Who is Mark Carney, the next prime minister of Canada?
Former central banker Mark Carney will become Canada’s next prime minister after he won Liberal Party leadership vote in a ...
Mark Carney: From the Bank of England to Prime Minister of Canada
Following his dramatic ascension as Prime Minister of Canada, Mark Carney will surely be tempted to call an election on a ...
Meet Mark Carney, the former central banker elected to replace Canadian Prime Minister Justin Trudeau in the thick of tariff talk
Mark Carney is expected to replace Canadian Prime Minister Justin Trudeau as Canada grapples with Trump's tariffs.
Trade Wars - The Return of Mark Carney
Mark Carney, the former Governor of the Bank of England, will become the next Prime Minister of Canada after winning his party’s leadership contest. Carney will be sworn in, in the coming days and has ...