Keyword: Interest rates

809 results found
The facade of the Royal Exchange in the City of London

“The public demands fast action,” said the central bank’s new governor

Downtown office buildings Toronto

The cut is the second in two weeks

close up view of new 100 Canadian dollar banknotes

The announcement came alongside measures announced by the federal government

Kendra Kaake

Kendra Kaake has learned that understanding investor behaviour is as important as knowing the numbers

Business chart with glowing arrows and world map

Investors accept default risk on bonds that pay less than nothing

Red alert

Downside risks to the economy outweighed the risk of increasing household debt

40556994 - close up image of stock market data on a computer monitor.

The central bank called Covid-19 "a material negative shock'' to the country's economic outlook

Federal Reserve building in Washington DC, US. Close up of a top part of the building with eagle statue.

The spread of the coronavirus prompted the Fed to cut rates in an emergency move

Hospital workers

Markets are expecting the Bank of Canada to act starting with a rate decision on Wednesday

Red alert

But it's unclear how a rate cut would counteract the effects of the coronavirus