The Australian Dollar (AUD) moves little after registering losses in the previous three consecutive sessions, trading around ...

SINGAPORE] There is “significant uncertainty” over whether the US may lower – or even raise – the baseline tariff of 10 per ...

Officials are split into three camps over what economic evidence they need before resuming rate reductions. Two governors are prepared to dissent on Wednesday.

Federal Reserve Bank of San Francisco president Mary Daly on Jan. 19 said it’s “premature” to think interest rate cuts are around the corner, noting she needs to see more evidence that inflation is on ...

The economic stars appear to be aligning for the Bank of Canada to deliver an interest rate cut on Wednesday, but some economists warn the central bank might have other ideas when it comes to the ...

All told, we expect the overnight interest rate to fall from the current 3.75 per cent to 2.5 per cent by the middle of 2025. If anything, the Bank of Canada may be even more aggressive.” ...

Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.

That's almost double the 1.75 per cent the bank's rate was at before the pandemic, and you'd have to go back to 2008, before the financial crisis, to find the last time the rate was that high.

The Bank of Canada’s benchmark interest rate can have an impact on everything from your savings account to your mortgage and student loan. This article is 1 year old. Some details may be ...