Rate cuts come thick and fast in Europe and Canada as Trump tariffs loom
Central banks in the euro area and Switzerland cut rates on Thursday, a day after Canada slashed rates by a hefty 50 bps. Australia, meanwhile, eased its previously dovish tone this week, while Japan remains an outlier.
Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada
The premier of Canada’s most populous says he will cut off energy to the United States if President-elect Donald Trump imposed sweeping tariffs on all Canadian products
Canadian official threatens to cut off energy to US if Trump imposes tariffs
After meeting with Prime Minister Justin Trudeau and other top Canadian officials, Doug Ford, the premier of Ontario, threatened to cut off energy to parts of the United States if President-elect Donald Trump imposes sweeping tariffs on Canada.
Bank of Canada cuts interest rate by half a percentage point, highlights risk of Trump's tariffs
Canada’s central bank lowered its key interest rate by half a percentage point while highlighting the risk of U.S. President-elect Donald Trump's threat of tariffs on all Canadian products
Bank of Canada cuts rates by 50 bps says more gradual approach to follow
The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday to help address slower growth, though Governor Tiff Macklem indicated that further cuts would be more gradual and said he does not expect a recession.
Ontario Threatens to Cut Off U.S. Energy Exports If Trump Makes Good on Tariff Plan
Canada’s most populous province has no plans to go gentle into that good night if Donald Trump follows through on his threat to impose massive tariffs on Canadian goods. Ontario Premier Doug Ford said his province was putting together a list of retaliatory measures and would go so far as to cut off energy exports to the U.
Ford threatens to cut off Ontario's fuel supply to U.S. if Trump follows through on tariffs
Premier Doug Ford says the province is ready to retaliate ... as Donald Trump shows no signs of backing down from his threat to impose hefty tariffs on Canadian goods.Ford ... and other Canadian premiers held a virtual meeting with Prime Minister Trudeau yesterday
Ontario premier says he will cut off energy to the US if Trump imposes tariffs
The premier of Canada’s most populous province said Wednesday he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all Canadian products.
Canada Threatens To Cut Off Energy To U.S. Over Trump's Proposed Tariffs
Ontario Premier Doug Ford said he would cut off energy to the U.S. if President-elect Donald Trump imposes sweeping tariffs on Canadian products.
Bank of England set to stay in central bank slow lane and keep rates on hold
The Bank of England looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than ...
Rachel Reeves sends mortgage rates soaring to highest in 18 months after Labour budget
The average five-year fixed-rate mortgage leapt up 0.19 percentage points to 5.28% at the start of December, Moneyfacts ...
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BOE has little scope to cut rates beyond 2025, analysis shows
Estimates by Chief UK economist Dan Hanson suggest the so-called neutral interest rate is between 3% and 4%, higher than ...
Bank of England governor expects FOUR interest rate cuts next year: What would it mean for mortgage and savings rates?
The governor of the Bank of England has said there are likely to be four interest rate cuts next year as inflation falls away ...
Major change in average fixed mortgage rates recorded in December - Moneyfacts
As we move into 2025, it will be interesting to see how lenders will balance supporting their existing customers and enticing ...
BOE’s Bailey Signals Expectation of Four Rate Cuts Next Year
Bank of England Governor Andrew Bailey signaled that policymakers still believe four quarter-point interest rate cuts next ...