Banks cut prime rate to 5.2%, following Bank of Canada's lead
Royal Bank of Canada, Toronto Dominion Bank, Canadian Imperial Bank of Commerce, Bank of Montreal, National Bank of Canada, Desjardins Group, Equitable Bank and Bank of Nova Scotia announced Wednesday they would cut their prime rate, following the lead of the Bank of Canada.
Erste Group cuts Royal Bank of Canada stock rating to hold
Erste Group analysts downgraded Royal Bank of Canada shares listed on both the Toronto Stock Exchange (RY:CN) and the New York Stock Exchange (NYSE: RY) from Buy to Hold. The downgrade comes as the stock trades near its 52-week high of $128.
Bank of Canada likely to cut rates by 25bps, give tariff impact analysis
The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week and is widely expected to offer an analysis on the impact of potential U.S. tariffs, economists and analysts said.
Bank of Canada Rate Cut: Why It Won’t Move the Housing Market
The BoC’s mega-cuts in October and December didn't change the game for home buyers. Today’s 25-basis point reduction probably won’t either.
Bank of Canada Cuts Interest Rates
The Canadian economy looks to be getting itself onto trade war footing, as it has cut its base interest rate for the sixth time in a row. And
Bank of Canada lowers interest rates again by 25 basis points to 3%
With that cut - the policy interest rate to 3%, the lowest since September 2022With more on the impact of the latest rate cut -- and the potential challenges ahead -- here's C-B-C business reporter Scott Peterson.
Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook
OTTAWA — The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy rate by a quarter-percentage point to three per cent.
Bank of Canada drops key interest rate to 3% but warns of tariff uncertainty
The Bank of Canada cut its benchmark interest rate by 25 basis points, bringing the policy rate down to 3.0 per cent. The move was widely expected by markets and most economists. Global's Mackenzie Gray reports.
Interest rates 'still too high': What economists say about latest Bank of Canada move
The Bank of Canada cut its benchmark lending rate by 25 basis points to three per cent in a move that was widely expected by investors and economists, but what comes next is up in the air given the looming trade war with the United States.
Bank of Canada makes quarter-point rate cut
The Bank of Canada cut its key interest rate by a quarter point on Wednesday, citing stabilized inflation and a stronger economy. Still, it warned that a trade war would be a significant shock to the economy and something the central bank can't fully resolve with changes to interest rates.
Biggest of the Big Six: How RBC opened a $100-billion market-cap gap over its banking rivals
J.M. Smucker Co. chief executive Mark Smucker leaned on close advisers when he made the decision to bolster the jelly and ...
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RBC’s plans to marry large language and transaction models
Canada’s biggest bank has been training in-house AI models on vast bodies of financial data. Now it is integrating them with ...
RBC Capital Keeps Their Buy Rating on The Estée Lauder Companies (EL)
RBC Capital analyst Nik Modi maintained a Buy rating on The Estée Lauder Companies (EL – Research Report) today and set a price target of ...
RBC Training Ground doubles down on breaking barriers for future Olympians
The Whitby, Ont. native’s journey as an elite athlete took off in 2016 when he became the inaugural winner of the RBC ...
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As easy as RBC: Canadian bank returns to euro covered after 18 months away
First euro covered since 2023 â—† Double digit saving versus dollars â—† Recent non-eurozone supply a better comp than Canadian curve ...