Posts
-
-
Is anyone surprised? The high-frequency impact of US and domestic macroeconomic data announcements on Canadian asset prices
Using almost two decades of detailed high-frequency data, we show how Canadian interest rates, the CAD/USD spot exchange rate, and stock market returns react to both US and domestic macro announcements. We find that Canadian macroeconomic announcements invoke greater responses in short-term yields, whereas US macroeconomic announcements play an increasingly important role in the yield movements of longer-term assets. -
March 12, 2025
Bank of Canada Media Interview – Reuters
Tiff Macklem, Governor of the Bank of Canada, gave an interview to Reuters. -
March 12, 2025
Bank of Canada Media Interview – The Globe and Mail
Tiff Macklem, Governor of the Bank of Canada, gave an interview to Mark Rendell of the Globe and Mail, which will be published online and in the newspaper. -
March 12, 2025
Bank of Canada Media Interview – La Presse
Tiff Macklem, Governor of the Bank of Canada, gave an interview to La Presse’s Hélène Baril. -
March 12, 2025
Bank of Canada reduces policy rate by 25 basis points to 2¾%
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. -
March 12, 2025
How Canadian businesses and households are reacting to the trade conflict
To better understand how the trade conflict initiated by the US administration is affecting the economic decisions of Canadians, the Bank of Canada has enhanced its consultations with businesses and households. -
March 12, 2025
Bank of Canada Interest Rate Announcement
On Wednesday, March 12, 2025, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. -
March 12, 2025
Monetary Policy Decision Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the monetary policy decision. -
March 10, 2025
Price check: Inflation in Canada
Why prices change, and what it means for the economy.