BoC’s Macklem: Tariff threat affecting Canadian Dollar more than interest rate differences
Bank of Canada Governor Tiff Macklem said late Wednesday that the central bank can’t repair the economic damage of a trade war with the US, but he will do his best to make it less painful, per Bloomberg.
The big difference with 2024 is the threat and impact of US tariffs. But the BoC’s chief noted that “Monetary policy cannot ...
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First BoC rate drop of 2025: Who wins and who loses when the Bank of Canada lowers its interest rates?Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
The USD/CAD hit a six-day high of 1.4470 after the Bank of Canada (BoC) cut rates by 25 basis points from 3.25% to 3%, as ...
GET MORE AI-GENERATED SIGNALS: January 24, 2025, 11:54 am ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. ( Follow on ...
The Bank of Canada cut its overnight rate by 25bps as universally expected. They announced the end of Quantitative Tightening as well. The suite of communications indicated that if extreme assumptions ...
The Canadian market closed higher on Wednesday, lifted by gains in energy, materials and consumer staples sectors. The mood remained ...
The Bureau of Customs (BOC) has donated funds to help rebuild communities affected by natural disasters, the agency said on ...
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BOC seizes P9.8M worth of smuggled cigarettes in DavaoThe Bureau of Customs has seized 251 master cases of smuggled cigarettes worth more than P9.8 Million at the Port of Davao.
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