Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...
Banks cut prime rate to 5.2%, following Bank of Canada's lead
Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, ...
ASX near record; Citi, Westpac join call for Feb rate cut
ASX rises; banks clash on Feb rate cut forecasts, core and headline CPI overshoot expectations; Boss Energy soars; Star offloads Sydney sites.
Comerica's SWOT analysis: stock faces deposit challenges amid rate shifts
Comerica Incorporated (NYSE:CMA), a Texas-based regional bank with significant presence in Michigan and California, finds itself at a crossroads as it navigates a complex financial landscape. With ...
MT Newswires on MSN17h
TSX Closer: The Index Moves Higher as the Bank of Canada Signals it May Slow Rate Cuts
The Toronto Stock Exchange rose for a second session on Wednesday, moving higher after the Bank of Canada as expected cut interest rates by 25 basis points but at the same time, but offered an ...
HMAX:CA: Betting On Canadian Financials Successfully Surmounting A Tariff Threat
HMAX:CA offers a 14% yield through dividends and covered calls on major Canadian financial stocks. Read why I think the fund ...
The Canadian Press on MSN2d
When will rent costs in Canada stop increasing?
The country’s six largest census metropolitan areas saw a combined drop of 3% in 2024 as starts in Vancouver, Toronto, and ...
NerdWallet Canada on MSN23h
Bank of Canada Rate Cut: Why It Won’t Move the Housing Market
The BoC’s mega-cuts in October and December didn't change the game for home buyers. Today’s 25-basis point reduction probably ...
Business Brief: Canada enters a ‘zone of uncertainty’
Bank of Montreal dismissed a managing director as it was finalizing an SEC settlement deal over mortgage bonds. The U.S.
Bank of Canada likely to cut rates by 25bps, give tariff impact analysis
The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week and is widely expected to offer ...
Friday’s analyst upgrades and downgrades
In a research report released Friday, Mr. Kornack adjusted his earnings expectations across the sector to reflect a higher ...
February interest rate cut near certain as inflation undershoots
Financial markets are near certain that the Reserve Bank will cut interest rates in February, after the latest CPI data ...