Economists react to 'predicted' BoC rate cuts, but what comes next is less certain
The big difference with 2024 is the threat and impact of US tariffs. But the BoC’s chief noted that “Monetary policy cannot offset the economic consequences of a protracted trade conflict.” The challenge for the bank in that scenario though is the inflationary pressure of tariffs.
Canadian dollar edges lower as BoC cuts rates on tariff risk
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada cut interest rates to support the economy ahead of expected U.S. trade tariffs, helping to widen the gap between Canadian and U.
BoC cuts interest rate by quarter point to 3% as tariffs threat loom
The Bank of Canada delivered another interest rate cut on Wednesday, reducing its policy rate by a quarter percentage point to three per cent.
Canadian Dollar recedes after BoC cuts rates and ends QT
The Canadian Dollar lost 0.25% against the Greenback on Wednesday. The Bank of Canada cut interest rates by another 25 bps, to 3%. The BoC also announced the end of its quantitative tightening program.
Canadian dollar dips as BoC rate cut adds to interest rate divergence
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada's latest interest rate cut helped widen the gap between Canadian and U.S. bond yields, but the decline was limited ahead of a Federal Reserve policy decision.
Canadian Dollar Faces Further Falls as BOC Turns Focus to Tariff Threats
The Canadian dollar was weaker against the U.S. currency and could extend recent declines as the BOC turns its focus to trade tariff threats.
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 war with the US, but he will do his best to make it less painful, per Bloomberg.
BoC cuts rates amid tariff balancing act: CPA Canada
The Bank of Canada's latest interest rate cut underscores its commitment to stimulating growth amid ongoing economic challenges -- even as the looming tariff threat from south of the border complicates the outlook.
Sun Star3h
BOC, BAI to act on ‘overstaying’ meat
Port of Cebu has strengthened its partnership with the Bureau of Animal Industry (BAI) for the condemnation of overstaying frozen me ...
The Daily Reflector5h
New town manager introduced at Grifton BOC meeting
GRIFTON — New Town Manager Dylan Haman updated the Board of Commissioners about his first weeks on job after an introduction ...
Inquirer on MSN2d
BOC intercepts ₱10.2M worth of ‘shabu’ hidden in PVC window shipment
The Bureau of Customs (BOC), through enhanced profiling and x-ray screening, successfully intercepted a shipment at the Port ...
Why The BoC May Have Limited Options To Offset The Impact Of U.S. Tariffs
A 25% U.S. tariff on Canadian goods, as well as potential retaliation from Ottawa, could be enough to drive inflation higher and send the economy into recession. Click to read.
pna3d
BOC busts P10.2-M shabu hidden in PVC window shipment
Customs officers intercepted a shipment containing PHP10.2 million worth of shabu at the Port of Clark, the Bureau of Customs ...
Canadian dollar dips as BoC cut adds to interest rate divergence
The BoC reduced its key policy rate by 25 basis points to 3 per cent, cut growth forecasts and warned Canadians that a tariff ...
GMA News Online on MSN4d
BOC seizes P9.8M worth of smuggled cigarettes in Davao
The Bureau of Customs has seized 251 master cases of smuggled cigarettes worth more than P9.8 Million at the Port of Davao.
Cyprus Mail2d
Cyprus Business Now: BoC rates, salary figures, economic sentiment, FDI appeal
The Bank of Cyprus on Friday announced that it has responded to the European Central Bank’s (ECB) interest rate reduction ...