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Bank of Canada / Banque Du Canada
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location iconOttawa, Canada
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company sizeCompany size: 1001-5000

The Bank of Canada is the central bank of Canada and was established in 1934 and based in Ottawa. The Bank of Canada is owned by the Canadian federal government and its mission is to regulate credit and currency in the best interests of the economic life of the nation by conducting monetary policy and promoting a safe and efficient financial system.

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Bank of Canada / Banque Du Canada - Recent News & Articles

Moody's hands France surprise downgrade over deteriorating finances

Credit ratings agency Moody's unexpectedly downgraded France's rating on Friday, adding pressure on the country's new prime minister to corral divided lawmakers into backing his efforts to rein in the...

Source: Reuters

PPI shows wholesale inflation jumped more than expected amid 'extended and bumpy journey' to Fed's target

Wholesale prices rose more than expected in November, adding to a string of sticky inflation prints. Thursday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — ...

Source: Yahoo Finance

Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago

The U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the shortfall topped $1.8 trillion, the Treasury Department reported Wednesday. For ...

Source: CNBC

National Center for Public Policy Research proposes BTC treasury to Amazon

The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — submitted a shareholder proposal to Amazon saying that a Bitcoin corporate treasury strateg...

Source: Cointelegraph

Asia Economy India’s central bank revises down economic growth forecast for 2025, keeps interest rate steady

India’s central bank expectedly kept the benchmark interest rate unchanged at 6.50% on Friday as it struggles to contain rising inflation without hurting growth in Asia’s third-largest economy. The ce...

Source: CNBC

South Korea’s central bank cuts key interest rate to nurse a slower economy

South Korea’s central bank lowered its key policy rate for a second straight month and said the country’s economy will grow at a slower pace than it initially anticipated. Following a policy meeting, ...

Source: AP News

Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions

The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). It is doing so to address potential liquidity challenges in core financial markets that could threat...

Source: PYMNTS

FOMC Minutes: "appropriate to move gradually toward a more neutral stance"

From the Fed: Minutes of the Federal Open Market Committee, November 6–7, 2024. In their discussion of financial stability, participants who commented noted vulnerabilities to the financial system tha...

Source: Calculated RISK

US Bitcoin reserve during Trump presidency could pump BTC to $1M

A Bitcoin-related bill is gaining support in the United States, signaling a potential boost for the cryptocurrency’s value, which could hit $1 million. Former President Donald Trump’s victory in the 2...

Source: Cointelegraph

How is private credit weathering its first big rate hiking cycle?

Interest rates are coming down, but only after one of the most brutal monetary tightening periods in modern history. And they’re probably coming down too late, too little and too slowly for a lot of s...

Source: Financial Times