Bank of Canada"s Poloz Vows Rate Rises to Be "Data Dependent"

Bank of Canada Gov. Stephen Poloz said the benchmark interest rate will need to move upward but the pace of future increases “will remain decidedly data dependent” given global risks and lower energy prices......»»

Category: topSource: wsjDec 6th, 2018

Traders boost Canada interest rate bets as trade deal clips threat to economy

Investors are raising bets for as many as four additional interest rate increases from the Bank of Canada by the end of 2019 after a deal to save the trilateral NAFTA trade pact reduced uncertainty for Canada's trade-dependent economy......»»

Category: topSource: reutersOct 1st, 2018

Bank of Canada Hikes Rates By 25bps, Loonie Rises On Hawkish Take

The Bank of Canada raised the overnight rate by 25bps to 1.5%, in line with consensus estimates. In justif.....»»

Category: dealsSource: nytJul 11th, 2018

Bank of Canada Raises Key Interest Rate To 1.50%

he Bank of Canada on Wednesday raised its benchmark interest rate by a quarter of a percentage point to 1.50% in response to solid economic data and expectations that exports and business investment will continue to grow......»»

Category: smallbizSource: wsjJul 11th, 2018

USD/CAD (CAD=X) on the Offensive

USD/CAD (CAD=X) on the Offensive Canadian dollar at C$1.3266, or 75.38 U.S. cents Chance of Bank of Canada July rate hike rises to 65 pct Price of U.S. oil .....»»

Category: topSource: livetradingnewsJun 28th, 2018

Bank of Canada caught between rate hike and trade war

OTTAWA (Reuters) - Bank of Canada Governor Stephen Poloz is under pressure to justify another rate hike or risk credibility by changing course, with a clear-cut case for higher rates endangered by a raging trade war with the United States......»»

Category: topSource: reutersJun 25th, 2018

Wall Street rises after strong May jobs data

(Reuters) - U.S. stocks rose on Friday led by bank stocks as a stronger-than-expected jobs report for May locked in expectations of an interest rate hike by the Federal Reserve this month......»»

Category: topSource: reutersJun 1st, 2018

Bank of Canada shocks market with dovish turn in tone

Bank of Canada now concerned about energy sector, trade spats, Q4 growth, sees room for non-inflationary growth.Governor Stephen Poloz now speaking.OPEC looks set to cut oil production by just 1ml.....»»

Category: optionsSource: insidefuturesDec 6th, 2018

Dow rises 500 points as Federal Reserve chairman suggests central bank might consider pause in interest rate hikes

Dow rises 500 points as Federal Reserve chairman suggests central bank might consider pause in interest rate hikes......»»

Category: topSource: foxnewsNov 28th, 2018

Fed"s Clarida more sensitive to data, still backs U.S. rate hikes

The Federal Reserve should be even more attentive to new economic data as its gradual interest-rate hikes edge it ever closer to a neutral stance, the U.S. central bank's second-in-command said on Tuesday......»»

Category: topSource: reutersNov 27th, 2018

Canada Inflation Accelerated in October, But Interest-Rate Path Looks Unchanged

Inflation in Canada accelerated unexpectedly in October—beating market expectations, but leaving the outlook for the Bank of Canada’s interest-rate path largely unchanged......»»

Category: smallbizSource: wsjNov 24th, 2018

New York Fed Chief Expects Gradual Rate Rises

John Williams, the New York Fed leader, said data will determine the central bank’s future rate moves......»»

Category: smallbizSource: wsjNov 20th, 2018

China concerns, U.S. rate view send stocks lower

Global stocks are on track for their biggest drop in two weeks while oil prices held near six-month lows on Friday as a confident U.S. central bank and weak Chinese data hit demand for risky assets......»»

Category: topSource: reutersNov 9th, 2018

Canada Data Agency Faces Blowback Over Plan to Collect Bank Records

Canada’s national statistics agency is under attack from lawmakers, privacy advocates and the public over a plan to collect citizens’ detailed banking information to help it generate better data......»»

Category: topSource: wsjNov 9th, 2018

Canada Hikes Rate for Third Time in 2018: ETFs in Focus

On Oct 24 Bank of Canada Bo.....»»

Category: futuresSource: nasdaqOct 28th, 2018

Canada Hikes Rate for Third Time in 2018: ETFs in Focus

Bank of Canada has increased rates for the third time this year and fifth time since last year, putting Canadian ETFs in focus. On Oct 24, Bank of Canada (BoC) ra.....»»

Category: dealsSource: nytOct 27th, 2018

Bank of Canada Raises Interest Rates

The Bank of Canada raised its key interest rate by a quarter-percentage point, as a resolution on a new North American trade pact and easing concerns over household debt gave policy makers more confidence in Canada’s economic outlook......»»

Category: topSource: wsjOct 25th, 2018

Canadian dollar spikes as Bank of Canada hikes rates, takes course on neutral rate

Canada's dollar jumped.....»»

Category: topSource: marketwatchOct 24th, 2018

Fed"s Bostic Sees Growth, Need for "Gradual" Rate Rises

Atlanta Fed President Raphael Bostic offered an upbeat take on the economy Tuesday and said he believes the central bank should press forward with interest-rate increases to keep the expansion moving forward......»»

Category: smallbizSource: wsjOct 23rd, 2018

Bank of Canada Widely Expected to Raise Interest Rates

The Bank of Canada is widely expected on Wednesday to raise its benchmark overnight interest rate by a quarter of a percentage point in response to solid economic growth and a new trade pact with the U.S. and Mexico......»»

Category: smallbizSource: wsjOct 23rd, 2018

Fed"s Bullard Says It Is Still a Mistake for Central Bank to Project Rate Rises

St. Louis Fed President James Bullard said Thursday that a modernized way of looking at a venerable monetary-policy rule supports his belief that no rate rises are needed right now......»»

Category: smallbizSource: wsjOct 18th, 2018