Canadian home prices to slip 2% as trade war paralyses homebuyers: Reuters poll
Canada’s housing sector, like much of the broader economy, has been hit by tariffs imposed by US President…
#Europe #Business #BankofCanada #business #Canada’shousingsector #Canadianhomeprices #tariffs #tradewar
https://www.europesays.com/2197999/
The Bank of Canada will closely monitor CPI data over the next two months, with Governor Tiff Macklem signaling potential rate adjustments amid U.S. tariffs and economic impacts from wildfires.
#YonhapInfomax #BankOfCanada #CPI #TiffMacklem #Tariffs #InterestRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66226
The Bank of Canada held its key interest rate at 2.75% for a second straight meeting, citing strong Q1 GDP but rising core inflation, and signaled a possible rate cut if economic conditions worsen amid U.S. tariff uncertainty.
#YonhapInfomax #BankOfCanada #InterestRate #GDP #CoreInflation #USTariffs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66222
The US dollar rebounded as renewed trade tensions and key economic data, including the May jobs report, drive market direction, with BOC and ECB policy decisions also in focus.
#YonhapInfomax #USD #TradeTensions #NonfarmPayrolls #BankOfCanada #EuropeanCentralBank #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65725
Mr. Carney Goes to Ottawa:
How is he fucking us over?
https://www.cbc.ca/player/play/9.6746091
Right off the bat, in #Carney's first press conference, no public, social housing.
Instead, "$25b in financing to private developers" in Build Canada Homes, ignoring #CMHC and the #BankofCanada.
His first neoliberal act was to fuck with the capital gains tax, now more corporate welfare to real estate vultures.
#cdnpoli #canada #mexico #fascism #antifa #elbowsup #housing #poverty #cbc #media #socialhousing
1/5
As a total economics neophyte I found this a really useful insight into the #BankofCanada mandate.
In particular the “BoC has limited tools which would be inadequate if the mandate becomes too broad”. https://mastodon.social/@trevortombe/114353257673395589
Bank of Canada holds rates steady amid US tariff uncertainty, Governor Macklem cites need for clarity on trade policy impacts
#YonhapInfomax #BankOfCanada #InterestRates #USTariffs #MonetaryPolicy #EconomicUncertainty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59011
#BankOfCanada says #US tariffs could trigger deep recession https://www.msn.com/en-us/money/markets/bank-of-canada-says-us-tariffs-could-trigger-deep-recession/ar-AA1D2El8
Bank of Canada maintains key interest rate at 2.75% amid uncertainties surrounding U.S. trade policies, halting a streak of seven consecutive rate cuts
#YonhapInfomax #BankOfCanada #InterestRate #MonetaryPolicy #TradeWar #Inflation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59008
Bank of Canada maintains steady monetary policy stance, keeping benchmark interest rate unchanged at 2.75% amid economic considerations
#YonhapInfomax #BankOfCanada #InterestRate #MonetaryPolicy #EconomicStability #FinancialMarkets #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59006
Bank of Canada cuts key interest rate to 2.75% in seventh consecutive reduction, citing trade tensions and economic concerns despite recent growth
#YonhapInfomax #BankOfCanada #InterestRatecut #TradeConflicts #EconomicGrowth #Inflation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53925
Bank of Canada surprises markets with 25 basis point rate cut, lowering key interest rate to 2.75% amid economic concerns
#YonhapInfomax #BankOfCanada #InterestRatecut #MonetaryPolicy #EconomicConcerns #FinancialMarkets #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53924
Mark #Carney's ability and accomplishments are well known, at two of the world's best universities (#Harvard & #Oxford), one of its most successful banks (#GoldmanSachs), running two major central banks (#BankofEngland & #BankofCanada, the latter during a financial crisis), and pioneering climate finance.
What the looming federal election could mean for the Bank of Canada’s independence
#Canada #MarkCarney #LiberalParty #BankOfCanada #Politics #CanadaPolitics #CentralBank #Economy #MonetaryPolicy #MonetaryPolicy #FederalElection
https://the-14.com/what-the-looming-federal-election-could-mean-for-the-bank-of-canadas-independence/
I love how the #BankOfCanada's website now has a dark theme.
Goes well with the public's general vibe of the last few years 
Random photo of the day.
Inflation and inequality: How the Bank of Canada’s policies missed the mark #inflation #BankofCanada #Canada #inequality #interestrates https://financialpost.com/news/economy/bank-of-canada-policies-missed-mark-inflation-inequality
Bank of Canada’s latest interest rate cut: Monetary policy is not enough to address economic issues on its own
#Canada #BankOfCanada #Inflation #InterestRateCut #MonetaryPolicy #CanadianEconomy #EconomicChallenges #USCanada #InterestRates #CentralBanks
https://the-14.com/bank-of-canadas-latest-interest-rate-cut-monetary-policy-is-not-enough-to-address-economic-issues-on-its-own/
The BoC maintains the nominal neutral interest rate at 2.25%-3.25%. Inflation is back at 2%, leading to a 50 bps cut to 3.75%. CPI inflation is expected to stay close to 2%, with balanced risks. GDP per person should rise in Q1 2025, but consumption is declining per capita. Growth forecasts remain stable, with inflation pressures normalizing. The economy is in excess supply, prompting potential future rate cuts.
#BankofCanada #♫Canada #BoC #InterestRates #Economy
