'We'll still need more evidence to fully assess whether monetary policy is restrictive enough to return inflation to 2%,' senior deputy governor Carolyn Rogers said
Yahoo Finance Live discusses Bing reaching 100 million daily active users after Microsoft released it's ChatGPT integrated features.TORONTO — The value of the loonie hit a four-month low compared with the U.S. dollar on Wednesday, but some experts say Canadian consumers shouldn't expect their wallets to take a major hit. The Canadian dollar traded at 72.54 U.S. cents on Wednesday, the lowest it has been since October.
THE BATTLE FOR BEST PICTURE: Inexplicably, one of the biggest films from last year is a bit of an underdog at this week’s Oscars despite a handful of nominations. According to Adam White, it really ought to be leading the packTORONTO — Canadians are on average making fewer grocery store runs as food inflation persists, but still spending roughly the same amount per trip, according to a report Thursday by RBC.
OTTAWA — Canada faces its own set of economic challenges and its central bank is setting interest rates accordingly, Carolyn Rogers said as the Bank of Canada and U.S. Federal Reserve appear to be charting different paths. In a speech in Winnipeg Thursday, the Bank of Canada's senior deputy governor touted the advantage of having an independent monetary policy.
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Bank of Canada holds key rate steady, first major central bank to pause hikesThe central bank on Wednesday reiterated its pledge to pause, conditional on economic developments evolving in line with its outlook From alicjawithaj
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Bank of Canada set to pause interest rates before U.S. Federal ReserveBank of Canada governor Tiff Macklem is expected to hold the benchmark overnight rate at 4.5% on Wednesday. Find out more.
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Bank of Canada set to pause interest rates before U.S. Federal ReserveBank of Canada governor Tiff Macklem is expected to hold the benchmark overnight rate at 4.5% on Wednesday. Find out more.
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Bank of Canada holds interest rates: Read the official statementThe Bank of Canada held interest rates on March 8, keeping its key policy rate at 4.5%. Read the central bank\u0027s official statement here.
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Bank of Canada holds interest rates: Read the official statementThe Bank of Canada held interest rates on March 8, keeping its key policy rate at 4.5%. Read the central bank\u0027s official statement here.
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Bank of Canada keeps rates on hold, says inflation slowing as expectedOTTAWA — The Bank of Canada on Wednesday left its key overnight rate on hold at 4.50% as expected, becoming the first major central bank to suspend its…
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