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Bank of Canada, Macklem
Bank of Canada’s Macklem May Have Held His Punches
Bank of Canada Gov. Tiff Macklem held his punches, despite doing a good job describing the ambiguities around how tariffs would impact the central bank, Scotiabank’s Derek Holt reckons.
Bank of Canada Can Ease Tariff Pain But Can’t Fix Damage, Macklem Says
Bank of Canada Governor Tiff Macklem says the central bank can’t repair the economic damage of a trade war with the US — but he’ll do his best to make it less painful.Most Read from BloombergTrump's F
Read what the Bank of Canada head says on ‘major uncertainty’ of tariffs
The Bank of Canada lowered its key interest rate, but its governor warned that U.S. President Donald Trump's proposed tariffs create 'major uncertainty.'
Top Bank of Canada officials speak after latest interest rate cut
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 basis points to 3%.
Bank of Canada to Downsize Cuts as Tariffs Brew: Decision Guide
The Bank of Canada is likely to cut interest rates by a quarter percentage point on Wednesday as officials lay out their analysis of how US tariffs might derail a soft landing for the Canadian economy.
Macklem says monetary policy alone can't fight damage from tariffs
Bank of Canada governor Tiff Macklem said the central bank's policy decisions alone can't counteract damage from U.S. President Donald Trump's threatened tariffs. Macklem was answering questions from reporters after the bank lowered its interest rate by 25 basis points to three per cent.
Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.
4d
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 ...
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4d
Canada announces sixth interest rate cut
The Bank of Canada on Wednesday further cut its interest rate by 25 basis points, bringing the country’s monetary policy rate ...
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