(CEP News) Ottawa - As he nears the end of his first year on the job, Bank of Canada Governor Mark Carney could be forgiven for wondering why he signed on for his current position.
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(CEP News) Ottawa - As he nears the end of his first year on the job, Bank of Canada Governor Mark Carney could be forgiven for wondering why he signed on for his current position.
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(CEP News) Ottawa - As he nears the end of his first year on the job, Bank of Canada Governor Mark Carney could be forgiven for wondering why he signed on for his current position.
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(CEP News) Ottawa - Although “quantitative easing measures” are being contemplated by the U.S. Federal Reserve as part of plan to battle deflation, it is premature to talk about the Bank of Canada deploying such measures in order to maintain its target 2% inflation rate, BOC Governor Mark Carney said.
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(CEP News) Ottawa - Although “quantitative easing measures” are being contemplated by the U.S. Federal Reserve as part of plan to battle deflation, it is premature to talk about the Bank of Canada deploying such measures in order to maintain its target 2% inflation rate, BOC Governor Mark Carney said.
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(CEP News) Ottawa - Although “quantitative easing measures” are being contemplated by the U.S. Federal Reserve as part of plan to battle deflation, it is premature to talk about the Bank of Canada deploying such measures in order to maintain its target 2% inflation rate, BOC Governor Mark Carney said.
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(CEP News) Ottawa - An international effort is needed to improve surveillance of the financial system and develop rules that address the stability of the entire system and not just individual institutions, Bank of Canada Governor Mark Carney said.
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(CEP News) Ottawa - The Canadian financial system, which so far has proven relatively resilient in the face of global economic turmoil, could find itself sideswiped as the biggest financial crisis since the 1930s plays itself out, warns the Bank of Canada.
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(CEP News) Ottawa - Eleven out of 12 economists polled by CEP news say the Bank of Canada will lower its key overnight lending rate by 50 basis points at its Dec. 9 policy meeting, while only one is calling for a 75 basis point cut.
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(CEP News) Ottawa - Eleven out of 12 economists polled by CEP news say the Bank of Canada will lower its key overnight lending rate by 50 basis points at its Dec. 9 policy meeting, while only one is calling for a 75 basis point cut.
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The loonie fell 1.7 per cent against the greenback after the Bank of Canada surprised the markets by slashing interest rates to a 50-year low
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(CEP News) - The Bank of Canada lowered the overnight target by a larger-than-expected 75 basis points and said the country is in the early stages of a recession. The Canadian dollar sold off and short-dated fixed income rallied. Elsewhere, U.S. equities are down following weak overseas economic data.
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(CEP News) - A larger-than-expected 75 basis point rate cut from the Bank of Canada and warnings of a recession have helped to drive up the price of Canadian government bonds on Tuesday morning.
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(CEP News) Ottawa - The Bank of Canada will lower its key overnight lending rate by 50 basis points at its Dec. 9 policy meeting, economists say, but the OIS market is pricing in the possibility of a more aggressive 75-basis-point cut.
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(CEP News) Ottawa - The Bank of Canada will lower its key overnight lending rate by 50 basis points at its Dec. 9 policy meeting, economists say, but the OIS market is pricing in the possibility of a more aggressive 75-basis-point cut.
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(CEP News) Ottawa - A worse-than-expected Canadian employment report for November virtually seals the deal for at least a 50 basis point cut in the Bank of Canada rate next week, several economists agreed Friday.
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(CEP News) - Strategists and traders will be looking at this coming week’s data for confirmation that the economies of the U.S. and Canada are continuing to struggle. Markets will receive U.S. retail sales and the first look at the University of Michigan/Reuters consumer sentiment while in Canada, the focus will be on the Bank of Canada interest rate decision.
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(CEP News) - Strategists and traders will be looking at this coming week’s data for confirmation that the economies of the U.S. and Canada are continuing to struggle. Markets will receive U.S. retail sales and the first look at the University of Michigan/Reuters consumer sentiment while in Canada, the focus will be on the Bank of Canada interest rate decision.
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(CEP News) - Strategists and traders will be looking at this coming week’s data for confirmation that the economies of the U.S. and Canada are continuing to struggle. Markets will receive U.S. retail sales and the first look at the University of Michigan/Reuters consumer sentiment while in Canada, the focus will be on the Bank of Canada interest rate decision.
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(CEP News) - Strategists and traders will be looking at this coming week’s data for confirmation that the economies of the U.S. and Canada are continuing to struggle. Markets will receive U.S. retail sales and the first look at the University of Michigan/Reuters consumer sentiment while in Canada, the focus will be on the Bank of Canada interest rate decision.
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