Shares of National Bank of Canada touched a record intraday high after the lender reported fiscal first-quarter earnings that beat forecasts and wowed analysts.
Chile to Define Lithium Contracts by June, Mining Minister SaysCoinbase Tells Users ‘Your Assets Are Safe’ as Some See $0 BalanceCity National’s Troubles Stemmed From Rapid Growth, RBC CEO SaysBeyond Meat Jump Hurts Short Sellers, Sets Them Up for a SqueezeVenezuela Flouts US-Brokered Deal, Pressing Biden to Reimpose SanctionsTexas Wildfires Prompt Disaster Declaration in Key Cattle RegionUK Households Hand Treasury Surprise Funding Boost Before BudgetSimkus Says June Is Time to Consider ECB...
5 Billion in Egypt as Country’s Gas Output FallsPlunging productivity 'threatening the stability of wage growth': economistBoC could be more aggressive than expected with rate cuts: strategistOttawa freezes merger notification threshold, funds housing innovation projectsHigh living costs 'jeopardizing' financial security of renters, mortgage owners: surveyBanking sector worries ease ahead of Q1 results, but relief still a ways offEconomists predict GDP gained slightly in Q4 but...
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Bank of Canada Governor says monetary policy cannot solve housing affordability problemBank of Canada Governor Tiff Macklem stated that monetary policy cannot solve Canada’s housing affordability problem or boost the country’s longer-term economic growth prospects. He emphasized that central bankers do not have control over other key economic variables.
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Bank of Canada Governor Warns Monetary Policy Can't Solve Housing Affordability ProblemsBank of Canada governor Tiff Macklem warns that monetary policy cannot solve housing affordability problems. While effective at controlling inflation, monetary policy has limitations and cannot address short-term price fluctuations or structural barriers behind the housing crisis.
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Bank of Canada says housing affordability is about boosting supply, not lowering interest ratesBank of Canada Governor Tiff Macklem speaks during a fireside chat Tuesday, February 6, 2024 in Montreal. THE CANADIAN PRESS/Christinne Muschi
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Bank of Canada to discuss balance sheet normalization next month, says CFA SocietyBank of Canada (BoC) Deputy Governor Toni Gravelle will discuss normalization of the central bank's balance sheet in a speech on March 21, the CFA Society of...
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U.S. briefs Canada, other allies about national security concern involving RussiaThe U.S. Capitol Building is seen in Washington, U.S., August 15, 2023.
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Bank of Canada's interest rate decision shouldn't depend on housing market, economists argueAs Canada's inflation rate fluctuates, economists suggest that the Bank of Canada should not base its interest rate decision on the housing market. The January consumer price index report is expected to show a decrease in the inflation rate. Lower energy and food prices are believed to be the main factors behind the slowdown.
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