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Rising Canada recession risk to trigger at least two more rate cuts this year: Reuters poll
Growing recession risks to Canada from the U.S.-led trade war will push the Bank of Canada to cut interest rates at least twice more this year, although a majority of economists said policymakers will leave them unchanged on Wednesday.
The Bank of Canada on Wednesday held its key policy rate at 2.75%, its first pause after seven consecutive cuts, and said it ...
The Bank of Canada held its benchmark interest rate at 2.75 per cent on Wednesday amid “pervasive uncertainty” over how U.S.
The USD/CAD weekly forecast indicates an improving outlook for Canada’s economy, which escaped Trump’s reciprocal tariffs.
Forecasters say the economy will nearly stall or slip into recession over Trump's tariffs. Some say his 90-day pause doesn't ...
BoC held rates steady, despite economic uncertainty and market volatility tied to growing trade tensions. TD Securities' Andrew Kelvin discusses potential scenarios and the rate impact.
Expectations of a recession rise along with unemployment as the outlook for consumer demand shrinks.
Canada's economy is in uncharted waters. After navigating the COVID-19 pandemic and a period of high inflation, the global trading system was upended when U.S. President Donald Trump imposed ...
Uncertainty over Canada's economic outlook is so heightened, that the policymakers issued two scenarios that consider different paths for U.S. trade policy. In the first, uncertainty is high ...
The average of the Bank of Canada’s two preferred core inflation rates decelerated slightly to a 2.85 per cent yearly pace, versus 2.9 per cent in February. The three-month moving average of the ...
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