TOKYO (Reuters) -The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling ...

Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively ...

Noting a hypothetical scenario, the bank said in its monetary policy report that if Canada and other nations slapped a ...

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...

“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher ...

In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...

“If we don’t get tariffs, then our baseline assumption is that maybe we get another quarter- or half-a-point worth of rate cuts.” The Bank of Canada’s benchmark lending rate currently stands at 3.25 ...

The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by a quarter point, noting consumer ...

The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.

The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...

Japan's central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises ...

Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.