Interest rates, which impact borrowing costs and savings, were raised last month for the first time in three years.
Policymakers weigh whether to deliver back-to-back increases in effort to tame inflation exacerbated by Donald Trump’s war ...
The currency has lost almost 5% against the U.S. dollar in six months.
Even with investment and exports performing well, growth remains below potential and consumption anemic.
The central bank’s policy-setting board voted 4 to 3 to hold the rate, though it added that further hikes are still likely.
Transferring the account would open up the possibility of using these assets to help Ukraine in a subsequent operation, ...
Bank of Canada raises interest rates by 25 basis points to 2.5% as inflation reaches 3.1%, while economists warn of slowing ...
The betting markets believe more rate hikes are in the future for the Fed, but not today. There is a strong expectation of a ...
New Zealand's Reserve Bank kept its key rate at 2.75%, despite market expectations of an increase. The New Zealand dollar ...
The Bank of Canada raised its benchmark interest rate for the first time in more than three years on Wednesday as it warned ...
The US dollar is mixed against the G10 currencies today. The outlier is the New Zealand dollar, which has been punished in ...