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Trump, Canada
Trump Tariff Threat Looms Over Bank Of Canada As Inflation Cools
Canadian inflation cooled to 1.8% in December, but with the threat of US tariffs on the horizon, are more BoC rate cuts ahead? Robert Both, Senior Macro Strategist, TD Securities, discusses.
Trump’s tariff threat may force Bank of Canada to cut key rate next week, despite inflation worries
Money markets, many economists, predict a 25-basis point cut to the Bank of Canada's key interest rate at its meeting next Wednesday.
Trump threatens steep tariffs against Canada and Mexico
President Trump opted against deploying a blanket tariff against U.S. trading partners, but kept the heat on Canada and Mexico.
inflation, Canada
Canada's annual inflation rate drops to 1.8% in December on sales tax relief
Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle of the month and brought down prices of alcohol, restaurant foods and children's clothing.
Canada Inflation Dipped In December To 1.8%
Canadian inflation fell 0.1 percentage points to 1.8 percent in December as a brief sales tax holiday on selected consumer goods kicked off, the government statistical agency said Tuesday.
Inflation fell to 1.8 per cent in December, in part from GST tax break
OTTAWA — Canada’s annual inflation rate fell to 1.8 per cent in December, thanks in large part to the federal government’s temporary tax break. Statistics Canada’s consumer price index report on Tuesday said restaurant food purchases and alcohol bought from stores contributed the most to the deceleration.
4h
on MSN
How will Trump try to fix inflation? Experts say he'll focus on these areas.
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal ...
1d
Inflation rate ticks down on GST holiday, with likely BoC rate cut ahead
December’s inflation results were heavily influenced by the GST tax break on some items that took effect halfway through the ...
2d
on MSN
Interest rates won't fall as fast as expected if tariffs stoke inflation, UBS CEO says
And therefore I don't see rates coming down as fast as people believe," Ermotti told CNBC. Freshly inaugurated U.S. President Donald Trump has threatened to impose 25% tariffs on Mexico and Canada, ...
2d
Canadian dollar jumps as Canada avoids immediate U.S. tariffs
The Canadian dollar strengthened to a near 5-week high against its U.S. counterpart on Monday as the prospect of U.S. trade ...
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