Dollar holds ground ahead of CPI, Aussie wallows near 4-month low
The dollar traded close to a two-week high versus the yen on Wednesday ahead of a highly anticipated reading of U.S. inflation that could provide clues on the pace of …
The dollar traded close to a two-week high versus the yen on Wednesday ahead of a highly anticipated reading of U.S. inflation that could provide clues on the pace of …
Canada’s inflation rate rose to two per cent in October, up from 1.6 per cent in September, Statistics Canada said. The annual rate of inflation, which fell below the Bank …
The scenic town of Jasper, Alta., was devastated in a wildfire that engulfed Jasper National Park, Joe Biden addressed the nation for the first time after announcing he won’t run …
Descrease article font size Increase article font size The Bank of Canada should consider better communication of its monetary policy intentions, building on the steps it has already taken to …
The European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in its battle against high inflation but also signaling that fight had yet to be won …
Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee. Four times a year, members of Parliament get the …
By Staff The Canadian Press Posted May 1, 2024 6:19 pm 1 min read Descrease article font size Increase article font size Bank of Canada governor Tiff Macklem says he …
The Liberal government is facing a tough fiscal position heading into the 2024 budget, according to new projections from the Parliamentary Budget Officer. Ottawa is simultaneously dealing with rising debt …
Former Bank of Canada governor Mark Carney issued a warning at the World Economic Forum that global supply shocks are becoming more persistent, forcing central bankers to adapt to tame …
The Bank of Canada’s efforts to tame inflation by raising interest rates are at odds with the projected pace of government spending, says governor Tiff Macklem. Macklem spoke to reporters …