central banks

• U.S. Federal Reserve hikes interest rates 75 basis points, biggest jump in 28 years

  The U.S. Federal Reserve delivered a 75-basis-point interest rate hike on Wednesday, the largest such increase in 28 years amid rampant inflation.

  Economy

  Jun 15
  
• Aggressive tone from central banks sends TSX to biggest 2-day drop since 2020

  A more aggressive tone about interest rate hikes from central banks in Canada and the U.S. sent North American stock markets sharply lower for a second day in a row.

  Economy

  Apr 22
  
• Advertisement
• Interest rates could tick up half a percentage point in April, markets show

  The Bank of Canada could take the rare step of raising its key interest rate target by 50 basis points in April, money markets are betting.

  Economy

  Mar 29
• Advertisement
• Bitcoin’s rising popularity puts pressure on central banks to issue digital currency

  Bitcoin has shifted from the fringes of finance towards embrace by major investors, companies and even cities.

  Money

  Feb 15, 2021
• How COVID-19 is changing our relationship with cash

  Fears of COVID-19 transmission could be accelerating the trend of digital payment apps and reducing the use of cash in society, says Anwar Mohammed of McMaster University.

  Commentary

  Jul 13, 2020
• Coronavirus: U.S. Federal Reserve slashes rates to nearly zero in response to COVID-19

  The U.S. Fed cut rates to a target range of 0 per cent to 0.25 per cent and said it would expand its balance sheet by at least US$700 billion in coming weeks.

  Consumer

  Mar 15, 2020
• Bank of Canada among central banks studying use of digital currencies

  The banks in a statement that they will assess the potential case for digital currencies in their home jurisdictions.

  Money

  Jan 21, 2020
• Rising U.S. interest rates will punish the loonie even more: experts

  Climbing American interest rates will likely mean the opposite for the Canadian dollar, which continues to slump to fresh lows.

  Canada

  Dec 16, 2015