The Bank of Canada’s independence could be tested as Mark Carney, former governor of both the Bank of Canada and the Bank of England, is now running for leader of the Liberal Party.
Donald Trump hadn’t even settled into office before his presidency dominated politics — not only in the United States but also in Canada. His threat of across-the-board tariffs of 25% and musings about conquering the country with which the US shares the world’s longest undefended border startled politicians north of the 49th parallel — as well as journalists,
After months of speculation about his political ambitions, former Bank of Canada and Bank of England governor Mark Carney has announced his run for leader of Canada's governing Liberal Party. Mr Carney formally launched his bid in his hometown of Edmonton ...
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The Bank of England said on Tuesday it had opened the Contingent Non-Bank Financial Institution Repo Facility for applications.
In a report following its review of actions taken in response to the pandemic, the Bank of Canada committed to using an exit condition for quantitative easing (QE) in the event it’s needed again, and to communicate more clearly the rationale behind the use of the program.
GBP/USD lost around 0.2% on Thursday as Cable traders await meaningful news.
A tumultuous week rounds off with investors in Asia taking their cue from more U.S. 'Big Tech' earnings, digesting Fed Chair Jerome Powell's guidance from earlier in the week, but bracing for U.S. tariff-related volatility.
Holly Simms discusses the potential candidates for Canadian liberal leadership in the face of an upcoming election.
LONDON (Reuters) - The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts, and outlier Japan is firmly in hiking mode.
Bank of Montreal is stepping into a booming product category that offers exposure to popular global stocks while hedging against currency volatility, becoming the second Canadian bank to do so.
The euro stayed weaker against the dollar, showing little reaction after the ECB cut interest rates by a widely-expected 25bps.