Bank of Canada: AI could boost inflationary pressures in short-term
OTTAWA, Sept 20 (Reuters) - Bank of Canada Governor Tiff Macklem on Friday said adoption of artificial intelligence (AI) by ...
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Artificial intelligence, the economy and central banking
Bank of Canada Governor Tiff Macklem discusses how artificial intelligence could impact the economy, and outlines some of the ...
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Canada’s Central Bank Puts on Hold Plans for a Digital Dollar
According to a report by Kyle Bakx and Meegan for CBC News, the Bank of Canada has paused its efforts to introduce a digital ...
‘Exceptional’ mortgage rates spotted in Canada after U.S. Fed rate cut
Ripple effects from the U.S. Federal Reserve's half-point rate cut on Wednesday are already being felt in Canada, according to experts.
An inside look at how the Bank of Canada makes its interest rate decisions
Deputy governor Nicolas Vincent lays out the steps that begin a month before the central bank's next scheduled announcement ...
Bank of Canada's July Decision Misunderstood by Some Traders, Senior Official Says
OTTAWA--Some market participants initially misinterpreted the Bank of Canada's message regarding its July decision to cut rates as it pertained to downside economic risks, a senior central bank ...
Bank of Canada Plans to Scale Down Work on Digital Loonie
The Bank of Canada said Thursday that it’s planning to shift focus from a central bank digital currency to “broader payments system research and policy development.” ...
Bank of England holds key rate after U.S. Fed makes 1st cut in 4 years
The Bank of England kept its benchmark interest rate on hold at five per cent on Thursday, mere hours after the U.S. Federal Reserve had delivered an oversized rate cut.
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...
Fed (finally) joins a global rate-cutting cycle
The U.S. Federal Reserve has joined a global easing cycle with a larger-than-anticipated half-point interest rate reduction.
Mortgage and real estate industry hit the jackpot this week with trio of announcements
Cathcart: New mortgage rules to help Toronto, Vancouver homebuyers Shaun Cathcart, senior economist at The Canadian Real ...
Morning Bid: Taking stock after Fed glow, Japan/China hold
The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged on Thursday - with new record highs for the S&P500 (.SPX) and the ...