The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...
Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".
Mark Carney will scrap a proposed increase to Canada’s capital gains tax and introduce a tax cut for the middle class if he ...
Mark Carney will scrap a proposed increase to Canada’s capital gains tax and introduce a middle-class tax cut if he wins the ...
Canada will work hard to resolve the dispute permanently – but the continuing tariffs threat will create pressure to reduce ...
By the time Donald Trump agreed to a 30-day pause on his 25% tariffs against Canada and Mexico, Canadians had already seen ...
The Liberals — who currently govern the country in coalition with the New Democratic Party — are expected to announce Trudeau ...
The experience of other former central bankers should give pause to those who think Mark Carney can easily make this ...