Bank of Canada News and Monetary Policy Updates
New York Fed signals rates to stay on hold as Williams says inflation has peaked
A fresh decline in consumer prices is reinforcing the case for the Federal Reserve to keep borrowing costs unchanged as officials weigh whether this year's inflation surge is starting to fade. New ...
U.S. state department offers grants to back nationalist groups in Europe
The Trump administration is moving to direct foreign aid money toward European organisations that align with its views on sovereignty, migration and free speech. The programme makes nearly $5mn ...
Federal Reserve task forces add Wall Street and business figures to review operations
The Federal Reserve is widening its internal review with five task forces that examine how the central bank operates. Chairman Kevin Warsh says the groups cover communications, data, the balance ...
New York Fed signals flexible reserve buying path for U.S. money markets
As short-term funding conditions shift after the U.S. tax season, the New York Federal Reserve is keeping its Treasury bill purchases for reserve management adjustable rather than fixed. The ...
New York Fed sees no sustained energy price surge amid Middle East conflict
With markets focused on whether renewed fighting in the Middle East could revive inflation pressure, New York Fed President John Williams says he does not expect energy prices to stay elevated ...
New York Fed flags further tariff-driven price increases in its district
Mid-Atlantic businesses are still facing lingering cost pressures from President Donald Trump's import tax increases, even after many companies have already adjusted prices. New research from the ...
New York Fed survey shows higher short-term inflation expectations in U.S.
U.S. consumers expect inflation to run hotter over the next year and three years, even as views on gasoline prices and household finances improve in June. The rise in short-term inflation ...
Trump revives Greenland push, raises risk of U.S. troop pullback from Europe at NATO summit
Tensions inside NATO sharpen as President Donald Trump returns to his demand that the U.S. take control of Greenland during the alliance summit in Ankara. He also says Washington could remove ...
New York Fed signals steadier inflation outlook as energy prices retreat
Federal Reserve officials are weighing whether stubborn price pressures still warrant tighter policy as energy markets ease after recent geopolitical turmoil. New York Fed President John Williams ...
Democratic state attorneys general challenge Trump tariff plan over forced labor allegations
A coalition of 22 Democratic state attorneys general is pushing back against a Trump administration proposal to impose tariffs of up to 12.5% on 59 countries and the European Union. The dispute ...
Fed leadership faces independence test under Trump and Warsh
Pressure on the Federal Reserve remains a central risk for U.S. monetary policy as President Donald Trump and his allies continue attacking the central bank's autonomy. Kevin Warsh, presented as ...
European regulators warn AI outpaces financial rulemaking
European central bankers and market regulators are intensifying scrutiny of artificial intelligence as they try to support adoption without undermining market stability. The debate is sharpening ...
Senate Democrats challenge Fed governance overhaul proposal
A dispute over the Federal Reserve's internal structure is intensifying after Senator Elizabeth Warren pressed Governor Christopher Waller to stop pursuing changes to the role of the central ...
CDCC launches secured collateral notes program with BMO inaugural subscription
Canada's short-term funding market is adding a new instrument as Canadian Derivatives Clearing Corporation executes the first issuance under its Secured General Collateral Notes program. The debut ...
Tesla deliveries rise 25% as Europe demand offsets U.S. weakness
Higher fuel prices linked to the Middle East conflict are lifting demand for electric vehicles in Europe, helping Tesla post stronger second-quarter delivery growth. The carmaker delivers 480,126 ...
Federal Reserve task forces to reveal staffing as Warsh broadens adviser search
Federal Reserve Chairman Kevin Warsh says key appointments to new task forces reviewing central bank operations are likely to be disclosed next week. The advisory groups are set to include experts ...
EU imposes fee on low-value ecommerce imports as pressure grows on Shein, Temu and AliExpress
European regulators are tightening oversight of low-cost cross-border online shopping as parcel volumes into the bloc rise sharply. The new charge targets low-value ecommerce imports from China ...
Fed liquidity buildup points to quiet quarter-end in U.S. funding markets
Ample Federal Reserve liquidity is keeping U.S. money markets stable heading into the end of the quarter. Market participants say the current cash backdrop is limiting the rate volatility and ...
UK and NATO discuss defence investment plan and shipping security
With the NATO summit in Ankara approaching, the UK and the alliance are aligning on defence readiness, Ukraine support and maritime security priorities. Prime Minister Keir Starmer and NATO ...
Coinbase, OKX offer incentives to capture European crypto users ahead of MiCA deadline
European crypto trading is tightening before the July 1 MiCA licensing deadline, prompting exchanges with approval to compete for users facing service disruptions. Coinbase and OKX are now ...
EU lawmakers push to assess DeFi, staking and NFT rules under MiCA
European Union lawmakers are moving to widen the bloc's digital asset policy debate beyond existing crypto rules as the MiCA transition period nears its end. A committee report heading to a ...
