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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.
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.” ...
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, ...
Central Bank of Bahrain Grants Crypto.com Payment Service Provider Licence
The Central Bank of Bahrain today granted Crypto.com full approval to provide payment service provider (PSP) services through ...
BUSINESS LIVE: BoE holds base rate at 5%; Next eyes £1bn profit; Ocado Retail targets double-digit growth
The FTSE 100 closed up 75.04 points at 8328.72. Among the companies with reports and trading updates today are Next, Ocado ...
Billionaire investor Ray Dalio warns debt is being devalued as governments pile it up and central banks keep rates artificially low
Ray Dalio says he is worried by the amount of debt held globally, and how central banks are using it, after the Federal ...
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 ...
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.
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.
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 ...