BANK OF CANADA HOLDS INTEREST RATE STEADY AT 1.75%, CITING TRADE TENSIONS

BANK OF CANADA HOLDS INTEREST RATE STEADY AT 1.75 PERCENT, CITING TRADE TENSIONS

RECENT DATA SHOW THE CANADIAN ECONOMY IS RETURNING TO POTENTIAL GROWTH, THE BANK OF CANADA SAID IN A STATEMENT.

"In the absence of major economic changes, the bank seems intent to maintain this policy interest rate in the near future," he said in a written statement.

The Bank of Canada is leaving its key interest rate unchanged in an announcement that balances domestic economic improvements with an expanding global slowdown caused by trade conflicts. The decision Wednesday kept the...

THIS IS AN AGGREGATED SUMMARY. READ THE FULL ARTICLE

Article ID: 306399 Date: 11th July, 2019 Social Shares: 2280
Meta: Complete Last Checked: Never

Social Shares:

  • 1063 shares when found, 11th July, 2019.
  • 1676 shares 0 d, 20 hrs later.
  • 1697 shares 0 d, 22 hrs later.
  • 1708 shares 1 d, 02 hrs later.
  • 1713 shares 1 d, 04 hrs later.
  • 1788 shares 1 d, 08 hrs later.
  • 1870 shares 1 d, 10 hrs later.
  • 1990 shares 1 d, 14 hrs later.
  • 2073 shares 1 d, 18 hrs later.
  • 2106 shares 1 d, 22 hrs later.
  • 2111 shares 2 d, 02 hrs later.
  • 2116 shares 2 d, 04 hrs later.
  • 2140 shares 2 d, 08 hrs later.
  • 2280 shares 2 d, 20 hrs later, 14th July, 2019.
  • Facebook (2279)

CANADA'S ECONOMY SHOWS MOMENTUM; RATE HIKE BETS REMAIN MUTED


The Bank of Canada has raised its benchmark interest rate five times since July 2017 to a level of 1.75 percent... READ MORE

21st December, 2018 3

CANADA CREATED 94,100 NEW JOBS IN NOVEMBER, BRINGING UNEMPLOYMENT DOWN TO 5.6%


Canada created 94,100 new jobs in November, bringing unemployment down to 5.6 percent... READ MORE

7th December, 2018 5410

FOR CEOS, GLOBALIZATION'S THRILL FADES


Only 15 percent of CEOs strongly felt globalization has helped avert those risks... READ MORE

16th January, 2017 429

CHINA'S JULY EXPORTS SLUMP 8 PERCENT, RAISES PRESSURE FOR MORE STIMULUS


Exports to the European Union fell 12.3 percent in July while those to the United States dropped 1.3 percent... READ MORE

9th August, 2015 260

TRADE WAR HANGS OVER U.S. JOB MARKET SET FOR MORE GAINS IN JUNE


Have warned of potential U.S. job losses due to Trump's trade policies or retaliatory levies... READ MORE

3rd July, 2018 244

IMF AND WORLD BANK LAUNCH DEFENCE OF OPEN MARKETS AND FREE TRADE


Lagarde welcomed the UK's better-than-expected performance since the Brexit vote... READ MORE

6th October, 2016 234

PROTECTIONISM AND TRADE DISPUTES THREATEN WORLD GROWTH, SAYS OECD


OECD researchers analysed global growth prospects under different trade conditions and forecast a significant blow from rolling back the trade liberalisation seen over the last 15 years... READ MORE

28th November, 2016 230

CIIE DEMONSTRATES CHINA'S ENDEAVORS TOWARD AN OPEN WORLD ECONOMY


It is a concrete action by China to advance an open world economy and support economic globalization, said the Chinese President... READ MORE

10th November, 2018 226

NERVY GLOBAL INVESTORS REVISIT 1930S PLAYBOOK


Morgan Stanley goes on to draw a parallel with the global response to 2008's crash and subsequent world recession... READ MORE

22nd June, 2016 208

WE SHOULDN'T TURN OUR BACKS ON THE WORLD ECONOMY


According to the World Bank, international trade has helped reduce by half the proportion of the global population living in extreme poverty... READ MORE

28th September, 2016 117

BANK OF CANADA'S ENVIABLE PROBLEMS INCLUDE SUNKEN LOONIE AND THREAT OF INFLATION


If inflation rises much above two per cent, under current Bank of Canada rules his hands will be tied... READ MORE

12th April, 2016 99

WORLD MUST ACCEPT REALITIES OF GLOBALIZATION


Of course, its stated aims include spurring economic growth in Canada, the U.S. and the 10 other founding TPP members... READ MORE

8th October, 2016 78

EUROPEAN SHARES RALLY AFTER CHINA'S CENTRAL BANK CUTS LENDING RATE


Black Monday European shares rally after China's central bank slashes lending rate... READ MORE

25th August, 2015 54

BRAZIL CONSIDERS WTO CHALLENGE TO BOMBARDIER STATE FUNDING


Exclusive Brazil considers WTO challenge to Bombardier state funding... READ MORE

15th July, 2016 44

POLOZ THE ORACLE SEES HINTS OF GOOD FORTUNE COMING AMID ECONOMIC WOE


As the Bank of Canada puts it The economy is expected to rebound in the third quarter, as oil production resumes and reconstruction begins... READ MORE

26th May, 2016 40

4 REASONS YOU SHOULD CARE ABOUT CANOLA'S ROLE IN CANADA-CHINA RELATIONS


Canada ships about about 40 per cent of its canola seed exports -- about four million tonnes -- to China... READ MORE

30th August, 2016 19

WTO CUTS 2016 WORLD TRADE GROWTH TO 1.7 PER CENT


Although all governments deny protectionism, trade is no longer outpacing economic growth as it used to... READ MORE

27th September, 2016 14

WORLD BANK TRIMS 2016 GLOBAL GROWTH FORECAST, WARNS OF 'PERFECT STORM' IN EMERGING ECONOMIES


Persisting uncertainties and headwinds in emerging economies forced the international lender to trim global growth forecast for the third straight year... READ MORE

7th January, 2016 8

SHARES, AUSTRALIAN DOLLAR HIT AS CHINA DEVALUES YUAN FURTHER


Shares australian dollar hit as china devalues yuan further... READ MORE

13th August, 2015 7

THE CALL MADE TWO MONTHS AGO THAT IS STILL RATTLING GLOBAL MARKETS


Two months is a long time in financial markets just ask US Federal Reserve chair Janet Yellen... READ MORE

10th February, 2016 4


IMPORTANT TERMS OF USE & DISCLAIMER INFORMATION:

Daily Digital News provides public access to an archive of historical news articles from many popular news sources. Daily Digital News provides keyword searchable summaries, and links, to news articles that were originally publically accessible, and all news articles presented on dailydigitalnews.com were initially freely available to the general public. Daily Digital News does not claim any copyright ownership of the aggregated content on this website. Aggregated news content as well as photographs or images presented on dailydigitalnews.com may be subject to copyright, and the use made here is consistent with the principles of limited use for research and education. Daily Digital News takes advantage of unique web-crawling technologies and algorithms. This includes the use of Watson Natural Language Understanding and TextRazor (www.textrazor.com) as well as other open source technologies. Daily Digital News operates this website on a not for profit basis. No income, revenue, remuneration, or profit of any kind has been made as a result of providing this website to the public. Use of this website is at the user's own discretion. Daily Digital News exercises no control over the use made of this website and accepts no liability to users or resources in relation to the contents of, or use of, or otherwise in connection with this website. Full Terms & Conditions