Today’s press conference won’t be on Tiff Macklem’s highlight reel. The Bank of Canada Governor struggled to offer any kind of guidance about policy going …
Category: Central Banks
The Atlanta Fed GDPNow growth estimate for Q2 improved to -2.2% from -2.4% on April 9. The GPS meant adjusting for imports and exports of …
Cleveland Fed Pres. Hammack is adding additional comments saying: It is not appropriate to respond to every twist and turn of markets. Focuses on how …
Policy patience will allow the Fed to gather more data on the economy Fed in position to take time and assess Beings slow and reacting …
The Bank of Canada Governor holds a press conference and takes questions from reporters along with Senior Deputy Governor Carolyn Rogers. Highlights: We are navigating …
USD/CAD has traded lower after the Bank of Canada opted to hold rates at 2.75%. Macklem will be asked about what’s next as the market …
Rather than providing a traditional base-case projection, the Bank of Canada has presented two illustrative scenarios to account for the uncertainty around US trade policy. …
A comparison of the March statement to the April statement reflects the “major shift” in the US trade policy and unpredictability of tariffs. Hence the …
Opening statement Tiff Macklem Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement and our April …
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at …