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2025-10-29

Bank of Canada: The central bank’s preferred measure of core inflation has remained stable at around 3%.

Bank of Canada: The central bank’s preferred measure of core inflation has remained stable at around 3%.
2025-10-29

The Bank of Canada estimates that the nominal neutral interest rate will be in the range of 2.25% to 3.25%.

The Bank of Canada estimates that the nominal neutral interest rate will be in the range of 2.25% to 3.25%.
2025-10-29

The Bank of Canada: Current policy rates are roughly at an appropriate level, provided that inflation and the economy move in roughly the expected direction.

The Bank of Canada: Current policy rates are roughly at an appropriate level, provided that inflation and the economy move in roughly the expected direction.
2025-10-29

The Dow Jones Industrial Average hit 48,000 points, setting a new record high.

The Dow Jones Industrial Average hit 48,000 points, setting a new record high.
2025-10-29

The Bank of Canada stated that the rate cut was due to a weak economy and the expectation that inflation would remain near the 2% target. We are prepared to respond should the outlook change.

The Bank of Canada stated that the rate cut was due to a weak economy and the expectation that inflation would remain near the 2% target. We are prepared to respond should the outlook change.
2025-10-29

Bank of Canada Governor Macklem: Monetary policy cannot make up for the damage caused by the trade war.

Bank of Canada Governor Macklem: Monetary policy cannot make up for the damage caused by the trade war.
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