BoC, Canadian dollar

Canadian dollar edges lower as BoC cuts rates on tariff risk
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada cut interest rates to support the economy ahead of expected U.S. trade tariffs, helping to widen the gap between Canadian and U.
BoC’s Macklem: Tariff threat affecting Canadian Dollar more than interest rate differences
Bank of Canada Governor Tiff Macklem said late Wednesday that the central bank can’t repair the economic damage of a trade war with the US, but he will do his best to make it less painful, per Bloomberg.
Canadian Dollar: BoC Cuts Rates To 3%, Tariff Threats Loom
The BoC cut interest rates by a further 25 basis points to 3.00%, which was in line with consensus forecasts. The Bank is also announcing its plan to end bond selling through quantitative tightening.
Canadian dollar dips as BoC rate cut adds to interest rate divergence
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada's latest interest rate cut helped widen the gap between Canadian and U.S. bond yields, but the decline was limited ahead of a Federal Reserve policy decision.
BoC cuts key rate by quarter point to 3% as tariffs threat loom
The Bank of Canada delivered another interest rate cut on Wednesday, reducing its policy rate by a quarter-percentage point to three per cent. But looming U.S. tariffs are weighing on the central bank’s economic outlook.
BoC cuts rates amid tariff balancing act: CPA Canada
The Bank of Canada’s latest interest rate cut underscores its commitment to stimulating growth amid ongoing economic challenges – even as the looming tariff threat from south of the border complicates the outlook.
Canadian Dollar Outlook Driven More by Tariff Risk Than BOC Decision
The Canadian dollar’s performance is more likely to be driven by the threat of U.S. trade tariffs than by the Bank of Canada’s policy decision Wednesday, Monex Europe analysts said.
Inquirer on MSN17h
BOC donates funds to help build schools, bridges in calamity-hit areas
The Bureau of Customs (BOC) has donated funds to help rebuild communities affected by natural disasters, the agency said on ...
Forex Factory1h
BoC is Done if No Tariffs; Unclear With Tariffs
The Bank of Canada cut its overnight rate by 25bps as universally expected. They announced the end of Quantitative Tightening as well. The suite of communications indicated that if extreme assumptions ...
TSX Opens Higher Ahead Of Boc Rate Word
Canada's main stock index opened higher on Wednesday as investors awaited interest rate verdicts and comments from the U.S.
pna20h
BOC seizes P85-B worth of confiscated goods in 2024
The Customs Intelligence and Investigation Service (CIIS) seized a record-breaking PHP85.167 billion worth of smuggled goods ...
TSX Ends Modestly Higher After BoC Rate Decision
The Canadian market closed higher on Wednesday, lifted by gains in energy, materials and consumer staples sectors. The mood remained ...
TSX Surges As Boc Lowers Rate
The TSX index gained 53.85 points to conclude Wednesday at 25,473.30. The Canadian dollar subsided 0.12 cents at 69.31 cents ...
GMA News Online on MSN2h
BOC seizes P9.8M worth of smuggled cigarettes in Davao
The Bureau of Customs has seized 251 master cases of smuggled cigarettes worth more than P9.8 Million at the Port of Davao.
BoC Governor Macklem: Tariffs threat weighed on the bank's decision
The central bank lowered its key policy rate to 3.25% in response to slowing economic growth. Governor Tiff Macklem signaled ...