Bank of Canada governor Tiff Macklem says the central bank doesn’t have a lot of tools in its toolbox to mitigate the devastating effects tariffs would have on the economy. In prepared remarks for a ...

By Promit Mukherjee and David Ljunggren OTTAWA, Feb 21 (Reuters) - he Bank of Canada's 2% inflation target should be ...

The central bank will instead focus on refining core inflation gauges and look at whether shelter costs are distorting ...

Bank of Canada Governor Tiff Macklem launched the central bank’s review of its framework, but strongly suggested that ...

In a far-reaching move set to take effect on March 4th, President Donald J. Trump imposed a 25% tariff on all foreign imports ...

Residential construction and existing home sales were muted in January, illustrating continued stress on the housing market ...

Inflation has hit the nation’s homebuilders hard as they face increased costs for supplies and labor. They are dealing with ...

U.S. consumer sentiment dropped more than expected in February to a 15-month low and inflation expectations rocketed as ...

U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal ...

Here’s what else you need to know to Get Up to Speed and On with Your Day. Billionaire Elon Musk on Thursday used a chainsaw as a prop to tout his efforts to shrink the federal workforce in the ...

Inflation is picking up again and President Donald Trump said this week it’s all his predecessor’s fault. But no matter who Trump blames for inflation, America’s economic mood is now souring — and ...

Infighting is brewing among the GOP’s congressional ranks, as Elon Musk’s takeover of the government and sweeping federal ...