U.S. trade 'crisis' will drive up prices, Bank of Canada warns after rate cut

‘A very demanding boss and leader’ — Carney’s hard-driving style at the Bank of Canada had critics and admirers

“To be frank, I think he had to wake up a few institutions.”

U.S. trade 'crisis' will drive up prices, Bank of Canada warns after rate cut

Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States.

Chris Hayes: Trump's threat to the U.S. economy is even worse than we could have imagined

Chris Hayes warns that Trump, free from any guardrails, is acting on his worst impulses, as his trade war with Canada brings the U.S. economy to the brink.

U.S. trade ‘crisis’ will drive up prices, Bank of Canada warns after rate cut

OTTAWA - Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade

Bank of Canada warns of new crisis as it cuts rates to counter tariffs

Bank governor Tiff Macklem warns that the economic impact of Trump’s decisions could be severe

‘We are now facing a new crisis’: Bank of Canada warns tariff war impact could be severe as it cuts interest rate to 2.75%

Bank of Canada Governor Tiff Macklem said we are facing a new crisis, and that while Canada’s economy ended 2024 “in good shape” with inflation nearing a two per cent target, ongoing tariff threats by U.S. President Donald Trump have impacted business and consumer confidence.