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Posted April 25, 2019
In what Governor Stephen Poloz called a policy “detour,” the BoC left its benchmark lending rate unchanged while indicating that it had no intention of hiking interest rates for the foreseeable future. Continue Reading
Posted March 27, 2019
Under Economic Issues, International Trade Issues, Logistics & Supply Chain Issues, Other Government Departments-Agencies
In addition to the range of economic effects on businesses being caused by climate change, a new paper from the Federal Reserve argues it is also becoming increasingly relevant for monetary policy. Continue Reading
Posted March 19, 2019
The loonie may sink back to its record low $0.62 as the country retrenches from a consumer-spending boom into the face of a slowing global economy, warns former Bank of Canada advisor David Wolf. Continue Reading
Posted March 11, 2019
China’s central bank governor this weekend affirmed an official vow to avoid manipulating its currency to boost exports and said Beijing had reached “consensus” with the U.S. on many crucial issues. Continue Reading
Posted January 30, 2019
The Federal Reserve is keeping interest rates steady for now, saying it intends to be cautious in lifting borrowing costs further this year as it pointed to rising uncertainty about the U.S. economic outlook. Continue Reading
Posted December 06, 2018
Speaking a day after the central bank kept interest rates on hold, Bank of Canada Governor Stephen Poloz warned the economy was weaker than forecast and predicted low oil prices would cut growth. Continue Reading
