The Bank of Canada again maintained its key interest rate in a decision that provided little in the way of new information or an updated evaluation on the rapidly changing global economic environment. … READ MORE >
monetary policy
Market Minute: Kevin Warsh and Fed independence
The nominee to succeed Jerome Powell as Fed chair will face pointed questions before the Senate Banking Committee on Tuesday. … READ MORE >
Bank of Canada holds interest rate again amid global economic disruptions
The Bank of Canada held its key interest rate amid domestic economic slack and wider disruptions due to the ongoing war in the Middle East. … READ MORE >
Bank of Canada holds interest rate again—and may stay put this year
The Bank of Canada maintained its key interest rate at 2.25 per cent. At this juncture—all things being equal—we do not expect the central bank to change its policy rate this year. … READ MORE >
Market Minute: Transmission of monetary policy to the real economy
When the fiscal authority is at odds with monetary authority, then the transmission mechanism starts to break down. … READ MORE >
Bank of Canada prudently holds interest rate ahead of 2026 challenges
The Bank of Canada held its key interest rate at 2.25 per cent—a prudent pause as the country’s labour market remains soft and unemployment remains elevated. … READ MORE >
Bank of Canada cuts interest rate again in attempt to spur sluggish economy
Canada’s economy is slowing to the point that the Bank of Canada was comfortable making another interest-rate cut as it lowered its policy rate to 2.25 per cent. … READ MORE >
Canada’s economy slowing as major free-trade renegotiation looms
Canada’s subdued economic activity and the drop in inflation despite ongoing tariffs imply that the Bank of Canada could cut interest rates again this year. … READ MORE >
Market Minute: Rate cuts are taking longer to have an impact
The lag time between rate cuts and when those cuts are felt in the real economy is increasing, whether it’s in consumer spending or businesses taking on more risk. … READ MORE >
Fed cuts its policy rate a quarter point amid growing tension
It would not be surprising to see market players assume that the de-facto inflation target is moving higher, toward 3%. … READ MORE >