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The Role and Functioning of the BOC: An Overview
The Bank of Canada (BoC) is one of the key institutions that shape the Canadian economy. As the central bank...
Read moreUnderstanding BOC Prime Rate: You Need to Know
The Bank of Canada (BoC) is the central bank of Canada, responsible for formulating monetary policy, issuing currency, and regulating...
Read moreUnderstanding the Central Bank of Canada: An Overview
The central bank of Canada, also known as the Bank of Canada, is an essential institution that plays a crucial...
Read moreWhat is the Bank of Canada
The Bank of Canada is Canada's central bank, responsible for managing the country's monetary policy, promoting financial stability, and regulating...
Read moreCanadian inflation moderately down: BOC may be happy
In the Asian session on Wednesday (March 22), the USD/CAD fell to 1.3707, a drop of 0.04%. Andrew Kelvin, chief...
Read moreMorgan Stanley: Still expects Bank of Canada to raise interest rates by 25 basis points in March
The Bank of Canada raised interest rates by 25 basis points to 4.5% at its January meeting and signaled it...
Read moreThe Bank of Canada announced its interest rate decision tonight, or further narrowed the rate hike to 25 basis points
The Bank of Canada announced its interest rate decision tonight, or further narrowed the rate hike to 25 basis points
Read moreNegative impact of Bank of Canada rate hike on Canadian dollar
In the Asian session on Wednesday (December 7), USD/CAD rose slightly to 1.3652, an increase of 0.01%. The Bank of...
Read moreCanada’s central bank may end interest rate hikes, Canadian dollar is stable
On Wednesday (December 6), USD/CAD fell to 1.3598, a drop of 0.03%. The Bank of Canada is set to raise...
Read moreCoStar Group: The Bank of Canada has reached the limit of interest rate hikes and may cut interest rates by the end of 2023
Carl Gomez, chief economist at CoStar Group, said the Bank of Canada has reached its "ceiling" on interest rates and...
Read moreBank of Canada posts first loss
According to a report released by the Bank of Canada (central bank) on November 29 local time, the bank suffered...
Read moreBank of Canada Governor Macklem: Global inflation is too high.
Bank of Canada Governor Macklem: Global inflation is too high. Low-income households are most affected by high inflation. Rapidly rising...
Read moreBank of Canada Governor Macklem: The labor market is very tight.
Bank of Canada Governor Macklem: The labor market is very tight. We think growth in the next few quarters will...
Read moreThe labor market remains tight and the Bank of Canada may continue to raise interest rates
On Friday (Oct 28), / fell back from high, temporarily traded at 1.3539, down 0.23%.The bank said it continued to...
Read moreThe Bank of Canada continues to shrink its balance sheet to ease inflationary pressures
On Thursday (Oct 27), / choppy downside, temporarily traded at 1.3556, up 0.01%.() Announced an interest rate hike of 50...
Read moreThe Bank of Canada says the economy can handle higher rates and inflation risks are high
In European trading on Monday (Oct 10), / was slightly higher, trading at 1.3739, up 0.07 percent.Mr. McCallum said the...
Read moreThe Bank of Canada is expected to raise interest rates, weakening economic growth will likely stall
On Friday (Oct 28), / fell back from high, temporarily traded at 1.3539, down 0.23%.The decision came a day after...
Read moreThe Canadian dollar fell after the Bank of Canada’s dovish rate hike
On Friday (Oct 28), / fell back from high, temporarily traded at 1.3539, down 0.23%.The Canadian dollar fell in response...
Read moreThe Bank of Canada says interest rates need to rise to curb high inflation
On Thursday (Oct 27), / choppy downside, temporarily traded at 1.3556, up 0.01%.A 50 basis point hike on October 26...
Read moreUSD/CAD will hit 1.40 on hawkish comments from Bank of Canada
On Monday (Oct 10), / oscillated slightly higher, temporarily traded at 1.3739, up 0.07%.Governor McCollum's latest comments resisting expectations of...
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