BoC’s Macklem: Tariff threat affecting Canadian Dollar more than interest rate differences
Bank of Canada Governor Tiff Macklem said late Wednesday that the central bank can’t repair the economic damage of a trade war with the US, but he will do his best to make it less painful, per Bloomberg.
The big difference with 2024 is the threat and impact of US tariffs. But the BoC’s chief noted that “Monetary policy cannot ...
GMA Network on MSN1d
BOC says P85.167-B smuggled goods seized in 2024A total of P85.167 billion with of smuggled goods was confiscated in 2024, Customs Commissioner Bien Rubio said Thursday.
"Choppy range trade is likely to extend in the short run. The CAD is marginally firmer on the day so far after USD gains yesterday peaked around 1.4475 resistance. Key resistance is 1.4515 ahead of ...
GMA News Online on MSN12h
BOC seizes P9.8M worth of smuggled cigarettes in DavaoThe Bureau of Customs has seized 251 master cases of smuggled cigarettes worth more than P9.8 Million at the Port of Davao.
The TSX Composite index is hovering near its all-time high ahead of the upcoming Bank of Canada (BoC) interest rate decision.
Tiff Macklem warns tariffs could slow growth and drive inflation higher amid rising trade tensions with the US ...
The Manila Times on MSN1h
BOC VOWS TO SUPPORT OLONGAPO'S INITIATIVESIn a significant gesture of cooperation, the Bureau of Customs-Port of Subic, led by District Collector Marlon Fritz Broto, paid a courtesy call to Olongapo City Mayor Rolen Paulino Jr. at the City ...
Hosted on MSN23h
First BoC rate drop of 2025: Who wins and who loses when the Bank of Canada lowers its interest rates?Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
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