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......»»
Canadian dollar rises after Bank of Canada leaves overnight rate unchanged
The Canadian dollar rallied Wednesday after the nation.....»»
Loonie rallies as hotter inflation clips rate cut bets
The Canadian dollar strengthened to a five-day high against its U.S. counterpart on Wednesday, as investors reduced bets on a Bank of Canada interest rate cut this year after domestic data showing greater-than-expected inflation......»»
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......»»
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......»»
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 .....»»
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......»»
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.....»»
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......»»
Canada Inflation Decelerates on Slump in Gasoline Prices
Canada’s annual inflation rate decelerated sharply in November on lower gasoline prices. The pullback on price increases likely gives the Bank of Canada further reason to hold off on further rate rises in the immediate future......»»
Fed"s Williams says rate policy must be patient, data dependent
The U.S. Federal Reserve must be patient and guided by data when considering whether to raise interest rates, New York Fed President John Williams said on Friday, in remarks reinforcing the central bank's commitment to a wait-and-see approach......»»
Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight
The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate on Wednesday following hotter-than-expected inflation and employment cost data. In its familiar refrain, the central bank left the fe.....»»
Fed Chair Signals No Rate Cuts in May on Heels of Latest Inflation Data
Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting rates until the U.S. makes sustained progress in bringing down inflation. The Fed chief.....»»
Market Turmoil Resumes As Inflation Rises More Than Expected, Oil Prices Spike, Gold At Record Highs: This Week In The Markets
Volatility surged as geopolitical tensions rose in the Middle East and inflation data defied estimates, delaying rate cuts and causing concern for stocks, mortgages and consumer sentiment. read more.....»»
Global stocks gain after US jobs and oil demand data fuel economic optimism ahead of the Bank of England rate decision
US jobs and oil demand data boosted markets, a.....»»
Royal Bank of Canada selects FactSet as market data, tech provider
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Alliance Data: Bread announces technology partnership with Royal Bank of Canada
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Investors exit stocks at fastest rate since March, "tech fatigue" sets in: BOFA
Investors pulled $16.2 billion from stocks in the past week in the largest weekly redemption since the March stock market slump, according to the Bank of America's weekly flows data......»»
Bank of Canada maintains overnight rate, announces new bond buying programs
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Bank of Canada Announces Provincial, Corporate QE
Bank of Canada Announces Provincial, Corporate QE While the Bank of Canada kept its overnight rate at 0.25% as e.....»»
Governor Poloz of the Bank of Canada to hold a virtual press conference
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»