The Fed is getting a warning from another central bank about Trump’s tariff plan
On a day in which all eyes were on the Federal Reserve’s first policy update of the new year, the Bank of Canada was also drawing a fair amount of attention.
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.
Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.
Canada Threatens To Cut Off Electricity To US Due To Potential Tariffs
Douglas McIntyre, Editor-in-Chief at Climate Crisis, discusses Canada’s threat to cut off hydroelectric power to the U.S. in response to potential tariffs from the Trump administration. This could lead to blackouts in the Northeast,
Tariff Threat to Push Bank of Canada Toward Sixth Straight Rate Cut
Economists are divided on the Canadian rate outlook should President Trump follow through on his 25% tariff pledge.
Bank of Canada cuts rates, says tariff war could be very damaging
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.
Canada prepares for a potential Trump tariff hit this week
If Donald Trump's latest date holds, tariffs are coming for Canada at the end of this week. Businesses are bracing. Canadians are worried. And federal and provincial governments are seized with trying to prevent what would be a huge economic blow.
Freeland Says Canada Should Respond Now to Trump's Potential Tariffs
Canada Liberal Leadership Candidate Chrystia Freeland says Canada should respond now to President Donald Trump's threat of tariffs. She says a list of possible tariffs Canada could impose on the US should be published.
Fed rate decision cements 'higher for longer' rate case amid tariff uncertainty
The Federal Reserve held its benchmark lending rate steady following a two-day policy meeting in Washington, but it removed a ...
Pending Tariff Uncertainty Creating Paralysis—A ‘Wait And See’ Approach For 2025
When business leaders are unclear on the future, they tend to pause before making material investments. Pending tariffs are ...
FACTBOX All of Donald Trump's tariff threats
Upon returning to office, U.S. President Donald Trump has launched numerous tariff threats. They range from broad ones - a ...
Howard Lutnick’s Rebirth as One of Trump’s Tariff Men
Wall Street executive and incoming Commerce secretary has emerged as a hawkish protectionist.
Coffee prices are rising, despite Trump’s canceled tariff on Colombia
Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% ...
Trump’s tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes
Trump has repeatedly insisted that tariffs are coming on Canada and Mexico, despite both countries seeking to address his ...
Universal Tariff Rate In The Cards
Stay informed on the latest tariff developments with the daily Wall Street Breakfast podcast available on Seeking Alpha, ...
Sourcing Journal on MSN22h
Did Trump’s Colombia Dustup Reveal His True Tariff Motivations?
A short-lived tariff feud with the Latin American nation underscored the president's propensity to use economic sanctions as ...
GM results aren't enough for investors, shares skid 9% on tariff worries
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, ...
Why Trump admires President McKinley, the original ‘tariff man’
President Donald Trump says McKinley made the United States prosperous through tariffs. Historians say that’s an incomplete ...