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Craig Lord
Verified
Economics Journalist, The Canadian Press
Ottawa
Beats
Business and Technology
Content
By Craig Lord Verified| Times Colonist Verified OTTAWA — The Bank of Canada doesn't know quite yet how to navigate monetary policy amid constantly shifting trade turbulence with the United States, so the central bank kept its powder dry with an interest rate hold on Wednesday. The central bank held its policy rate steady at 2.75 per cent, the first time it has left the key rate unchanged following seven consecutive cuts since June.
By Craig Lord Verified| Le Quotidien (Chicoutimi, QC) Verified La banque centrale a maintenu son taux directeur à 2,75 %, une première après sept baisses consécutives depuis juin. Cette décision intervient en pleine guerre commerciale mondiale en constante évolution aux États-Unis, et le gouverneur de la Banque du Canada, Tiff Macklem, a clairement indiqué que les perturbations venues du sud de la frontière étaient au cœur de la décision de mercredi.
By Craig Lord Verified| Times Colonist Verified OTTAWA — The Bank of Canada doesn't know quite yet how to navigate monetary policy amid constantly shifting trade turbulence with the United States, so the central bank kept its powder dry with an interest rate hold on Wednesday. The central bank held its policy rate steady at 2.75 per cent, the first time it has left the key rate unchanged following seven consecutive cuts since June.
Company Info
The Canadian Press
The Canadian Press (CP) is Canada's national news agency, established in 1917 to facilitate news exchange among Canadian newspapers. It has grown into a leading provider of real-time, bilingual multimedia stories across various platforms, including print, broadcast, and digital media. CP offers a range of services, including comprehensive news distribution to newspapers, television, radio, and digital outlets. It provides multimedia content such as photos, videos, and graphics to enhance news stories. The agency operates a dedicated newsgathering network with staff in bureaus across Canada and maintains a partnership with the Associated Press to bolster its global news coverage. CP serves many daily newspapers and various media outlets, ensuring extensive reach within Canada's media landscape. The agency is committed to delivering news that is engaging and relevant to Canadians, focusing on the impact of events on real people.
Toronto, Ontario, Canada
+1 866-294-6397
Founded: 1917