Central Banks

• Why the U.S. Fed rate hold is good news for the loonie — and the Bank of Canada

  The U.S. Federal Reserve held interest rates steady on Wednesday. With the Bank of Canada hiking again, here's what that could mean for inflation and rates north of the border.

  Economy

  Jun 14, 2023
  
• No more rate hikes? Central banks see calm in sight amid inflation battle

  All said they remain committed to keeping credit conditions as tight as necessary to return inflation to their common two per cent target from current levels still far above that.

  World

  Feb 2, 2023
  
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• Bank of England hikes key interest rate 0.5 percentage points amid recession fears

  The Bank of England raised its benchmark interest rate to 2.25 per cent on Thursday, a step of 50 basis points, as it looks to get a handle on inflation.

  Economy

  Sep 22, 2022
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• U.S. Federal Reserve hikes interest rates 75 basis points, biggest jump in 28 years

  The U.S. Federal Reserve delivered a 75-basis-point interest rate hike on Wednesday, the largest such increase in 28 years amid rampant inflation.

  Economy

  Jun 15, 2022
• Aggressive tone from central banks sends TSX to biggest 2-day drop since 2020

  A more aggressive tone about interest rate hikes from central banks in Canada and the U.S. sent North American stock markets sharply lower for a second day in a row.

  Economy

  Apr 22, 2022
• Interest rates could tick up half a percentage point in April, markets show

  The Bank of Canada could take the rare step of raising its key interest rate target by 50 basis points in April, money markets are betting.

  Economy

  Mar 29, 2022
• Bitcoin’s rising popularity puts pressure on central banks to issue digital currency

  Bitcoin has shifted from the fringes of finance towards embrace by major investors, companies and even cities.

  Money

  Feb 15, 2021
• How COVID-19 is changing our relationship with cash

  Fears of COVID-19 transmission could be accelerating the trend of digital payment apps and reducing the use of cash in society, says Anwar Mohammed of McMaster University.

  Commentary

  Jul 13, 2020
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• Coronavirus: U.S. Federal Reserve slashes rates to nearly zero in response to COVID-19

  The U.S. Fed cut rates to a target range of 0 per cent to 0.25 per cent and said it would expand its balance sheet by at least US$700 billion in coming weeks.

  Consumer

  Mar 15, 2020
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• Bank of Canada among central banks studying use of digital currencies

  The banks in a statement that they will assess the potential case for digital currencies in their home jurisdictions.

  Money

  Jan 21, 2020