Interest Rates
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As consumers struggle, should the Bank of Canada hike, hold or cut rates?Several economists believe the Bank of Canada is more likely to raise borrowing rates in the coming months than provide a cut.EconomyJun 8
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Kevin Warsh sworn in as U.S. Fed chair facing inflation, policy pressuresTrump said he wanted Warsh to be 'fully independent' in his new role, but also urged him to recognize that 'growth does not mean inflation.'U.S. NewsMay 22
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Powell says he’ll stay at U.S. Fed after divided board holds interest rateJerome Powell plans to remain on the board of the U.S. Federal Reserve after his term as chair ends next month, citing 'unprecedented' legal attacks by the Trump administrationU.S. NewsApr 29
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Soaring oil prices might force ‘consecutive’ rate hikes, Macklem warnsCanada’s inflation rate inched higher to 2.4 per cent in March, compared with 1.8 per cent in February, led largely by fuel costs amid the Iran war.EconomyApr 29
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Is the pain of the K-shape economy bleeding into the middle class?Canada's middle class appears to be struggling, with new data showing more are taking on debt as financial pain bleeds out into broader sections of the economy.ConsumerMar 19
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U.S. Fed holds interest rates again as Iran war creates inflation worriesIn a statement announcing the 3.6% rate hold, the central bank said that the 'implications of developments in the Middle East for the U.S. economy are uncertain.'U.S. NewsMar 18
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Bank of Canada holds interest rates as Iran war rattles global economiesThe Bank of Canada held its benchmark lending rate at 2.25 per cent, but Governor Tiff Macklem is keeping an eye on how the Iran war could impact Canada's economy.EconomyMar 18
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U.S. Federal Reserve holds interest rates as pressure from Trump mountsThe Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6 per cent after lowering it three times last year.U.S. NewsJan 28
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Bank of Canada holds rates, says policy can’t make up for tariff ‘damage’The Bank of Canada held its overnight benchmark interest rate at 2.25 per cent on Wednesday after the Bank's first monetary policy meeting of 2026.EconomyJan 28
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The Bank of Canada’s 1st rate decision of 2026 is almost hereThe Bank of Canada is set to make its first interest rate announcement of the year amid a number of mixed economic signals about the state of how consumers are doing.EconomyJan 27
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