7 h. ago Powell Gets Support From Bank of Canada’s Macklem Amid Trump Attacks

Bank of Canada Governor Tiff Macklem offered support to Federal Reserve Chair Jerome Powell from US President Donald Trump’s attacks, as the Canadian policymaker called the independence of central banks “sacrosanct.”

Events

10 h. ago How Trade War Can Elevate Mortgage Stress in Canada in Three Charts

The Bank of Canada warned that a severe and long-lasting global trade war may cause more mortgage borrowers to fall behind on their payments — even beyond levels reached in the global financial crisis.

Economics

11 h. ago Bank of Canada says trade war ‘poses greatest threat to Canadian economy’

The Bank of Canada is warning the trade war brought on by U.S. President Donald Trump's tariff policy poses a significant threat to the economy, according to the latest report

Economics

11 h. ago Trade war threatens progress made on financial stability, creating higher risks: BoC

The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said Thursday. The central bank says in its latest Financial Stability Report that at the start of the year, households had, on average, less debt relative to their income […]

Economics

12 h. ago Bank of Canada warns Trump’s tariffs could trigger ‘market dysfunction’

Financial stability report says global trade war could lead to severe economic consequences for Canada

Economics

18 h. ago Sweden, Norway Hold Rates Steady as Riksbank Turns Toward Easing

The Riksbank and Norges Bank kept interest rates unchanged, with officials in Stockholm signaling a bias toward easing while their peers in Oslo reiterated that cuts may start later this year.

Other

35 h. ago Canada Banks Keep Climate Pledges as Rival RBC Drops Targets

Royal Bank of Canada’s decision to drop its sustainable finance commitment has sparked speculation that other major Canadian players could quietly walk away from their own goals on climate-related lending, underwriting and advisory work.

Society

44 h. ago Sweden Core Inflation Trails Forecasts, Adding Rate Cut Bets

Sweden’s underlying inflation accelerated less than expected last month, likely feeding expectations that the Riksbank will resume easing from next month to aid the sluggish economy.

Economics

46 h. ago Polish Central Bank to Cut Rates Just Before Election Yet Again

Poland’s central bank is set to cut interest rates for the first time since 2023 and like the last time the decision will come just days before an important election.

Politics

46 h. ago Federal Reserve to face tough balancing act between fighting inflation and lifting growth

WASHINGTON (AP) — The Federal Reserve could keep its key rate unchanged for several more months as it seeks to evaluate the impact of President Donald Trump’s widespread tariffs on hiring and inflation, some economists say, even as the White House pushes for a rate cut. The Fed is nearly certain to keep its rate […]

Economics

56 h. ago Carney’s top priority should be raising productivity, says David Dodge

But doing so won't be easy, says former Bank of Canada governor

Transport

69 h. ago Tariffs Force Bank of England to Consider Faster Pace of Cuts

The Bank of England is set to cut interest rates by a quarter point this week and may even pave the way for a series of back-to-back reductions for the first time since 2009 as it responds to America’s global trade war.

Economics

4 d. ago Indonesia Seen to Cut Rate Twice This Year Amid US Tariff Talks

Indonesia’s central bank is expected to resume monetary easing after holding its rate unchanged for three consecutive meetings, moving to bolster economic growth against the backdrop of rising tariffs and trade policy uncertainty.

Economics

5 d. ago Great expectations: FP Video looks at the federal election aftermath

Watch an economist, analyst and former Bank of Canada governor weigh in on what the future holds for Canada

Politics

8 d. ago How U.S. tariff uncertainty weighed on Bank of Canada’s latest rate move

The Bank of Canada is growing more cautious about interest rate policy as U.S. President Donald Trump's tariffs take effect on the economy, according to the latest report.

Economics

8 d. ago Bank of Canada considered cutting interest rate in April as Trump tariffs roiled markets

Summary of minutes shows some policymakers wanted more information on tariffs and their potential impact

Economics

8 d. ago Trump’s ‘Erratic’ Tariff Policy Prompted Bank of Canada Pause

Bank of Canada officials considered cutting interest rates at their April meeting before opting to wait for more information as they weighed the volatile changes in US President Donald Trump’s trade policy.

Economics

8 d. ago ‘Real drama now begins’ as economists predict zero growth ahead off a waning first quarter

Future interest rate decisions by the Bank of Canada will be no easy matter

Culture

8 d. ago RBC Drops Climate Finance Goals, Citing Changes to Competition Law

Just months after pulling out of the world’s biggest climate alliance for banks, Royal Bank of Canada is abandoning its sustainable finance commitments.

Society

8 d. ago RBC scraps sustainable finance commitment, holds back on disclosures

TORONTO — Canada’s largest bank said Tuesday that it has scrapped one of its flagship climate commitments and is holding back on publicizing other climate progress in part because of new rules around greenwashing. In its latest sustainability report, RBC said that it has dropped its target of facilitation $500 billion in sustainable financing after […]

Other