The Bank of Canada's move follows a 75 basis point rate hike by the U.S. Federal Reserve last month. "The Bank of Canada saw the Fed hike 75 bps and said 'Hold my beer,'" said Royce Mendes, ...

Trump's tariffs will affect washing machines, fridges and ovens. This could mean higher prices for everyday items in the US.

The Bank of Canada cut its rate last week by 25 basis points to 2.75 per cent, but said it would be keeping a close eye on inflation when making future rate decisions.

As of September 4, 2024, the Bank of Canada interest rate is 4.25%. This is the third, consecutive drop in the BoC's overnight rate — the target interest rate that influences prime rate used by ...

The prospect of another G10 policy tightening amid stubborn inflation is unnerving global markets, as investors await the Federal Reserve's favored PCE inflation gauge on Friday. Australia's ...

January’s inflation rate was 1.9 per cent. Core inflation is forecast to jump to a rate of 3.1 per cent in Canada in 2025, breaching the top end of the Bank of Canada’s target range. The OECD’s report ...