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Trade war would wipe out economic growth while pushing inflation higher: Tiff Macklem
U.S. tariffs and Canada's retaliation to them would have a devastating effect on the economy, pulling growth down while ...
Bank of Canada CPI-Targeting Review Won't Touch 2% Level, Macklem Says — Update
Since 1995, the Bank of Canada and Department of Finance have agreed on a mandate that compels central-bank policymakers to set interest rates to achieve and maintain 2% inflation, and that framework ...
Bank of Canada CPI-Targeting Review Won't Touch 2% Level, Gov. Macklem Says
OTTAWA--The Bank of Canada has begun work on the renewal next year of its inflation-targeting framework, although Gov. Tiff Macklem on Friday kiboshed any talk of changing the target level from 2%.
Macklem Says ‘Not the Time’ to Rethink 2% Inflation Target
Bank of Canada Governor Tiff Macklem launched the central bank’s review of its framework, but strongly suggested that ...
Bank of Canada Head Wants Review to Leave 2% Inflation Target Unchanged
OTTAWA, Feb 21 (Reuters) - he Bank of Canada's 2% inflation target should be maintained in a review set for 2026, Governor ...
FTSE 100 Live 21 February: Firms shed jobs at fastest rate since 2020, four banks fined £100m
The S&P Global Flash UK PMI revealed the steepest fall in private sector employment since November 2020. The wage pressures also contributed to the fastest increase in average cost burdens for 21 ...
What the bond yields are saying about where to invest in the stock market, according to Morgan Stanley's CIO
Bond yields have surpassed a key level that suggests investors should focus on handful of sectors, according to Morgan ...
Fed's Jefferson says Fed can take time on next interest rate decision
Federal Reserve Vice Chairman Philip Jefferson said on Wednesday the U.S. central bank has time to weigh its next monetary ...
Outlook For Canadian Interest Rates As Inflation Ticks Higher
Canadian inflation rose to 1.9% in January. More cuts from the Bank of Canada may still be on the table. Click to read.
USD/CAD Instability Becomes A Key Battleground As Trump 2.0 Gets Into Gear
High US interest rates and Trump's deregulatory policies are attracting forex interest, potentially pushing USD/CAD beyond ...