Bank of England Holds Rate at 3.75% Amid Iran War Inflation
The Bank of England maintains its key interest rate at 3.75% as escalating conflict in Iran disrupts global markets and fuels inflation expectations, impacting economic stability.
The Bank of England maintains its key interest rate at 3.75% as escalating conflict in Iran disrupts global markets and fuels inflation expectations, impacting economic stability.
Ontario Provincial Police warn the public after a counterfeit $100 bill was used in Elliot Lake, highlighting a rise in sophisticated fake currency across Canada.
The Bank of Canada maintains its key interest rate at 2.25 percent while cautioning that ongoing international conflicts could significantly drive up inflation pressures in the coming months.
The Bank of Canada maintains its benchmark interest rate at 2.25% as economists highlight conflicting pressures from oil prices and a weakening economy. Other top stories include warnings about airline practices and investment strategies for volatile mark
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RecommendedDurham Regional Police are seeking Sahil Thakur, a Brampton man, in connection with an alleged fraud where an investor was tricked into transferring $200,000. Authorities have issued a warrant as the investigation continues.
The Federal Reserve kept interest rates unchanged while projecting one rate cut in 2026 and another in 2027, citing increased economic uncertainty due to Middle East conflicts.
Federal Reserve Chair Jerome Powell commits to staying until a Justice Department investigation concludes, while Fed officials project Iran war will temporarily worsen inflation but maintain rate cut plans for 2026.
The Federal Reserve anticipates only one interest rate cut this year and assesses that the ongoing Iran war will have a constrained effect on the U.S. economy, according to its latest projections.
Economists say the Bank of Canada is caught between opposing forces of rising oil prices and a weakening economy, with too many unknowns to hint at future interest rate moves.
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RecommendedThe Bank of Canada maintains its key interest rate at 2.25%, with economists citing a weakened labor market and unpredictable economic impacts from the Iran conflict.
The Bank of Canada maintains its benchmark interest rate at 2.25% for the third consecutive time, while geopolitical tensions and economic underperformance cloud future policy decisions.
The Bank of Canada maintains its key interest rate at 2.25% but cautions that escalating conflict in Iran could drive up inflation through higher oil prices and supply chain disruptions.
The Bank of Canada maintained its key interest rate at 2.25% while cautioning that escalating tensions in the Middle East, particularly the Iran conflict, could drive inflation higher in the coming months.
The Bank of Canada maintains its key interest rate at 5.0%, citing persistent inflation risks. Governor Tiff Macklem highlights the potential for the Iran conflict to disrupt global oil supplies and drive prices higher.
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RecommendedThe Bank of Canada maintains its key interest rate at 2.25% for the third consecutive time, citing Middle East conflict and trade tensions as major economic uncertainties.
The Bank of Canada has decided to keep its key interest rate steady at 2.25%, as Governor Tiff Macklem announces the decision following a period of economic evaluation.
The Federal Reserve could indicate it will hold interest rates steady throughout 2026 due to economic uncertainties stemming from the Iran conflict, impacting global markets.
The Bank of Canada is set to announce its latest interest rate decision as economic indicators remain mixed, with Governor Tiff Macklem facing a challenging environment.
The Canadian dollar's early March strength is fading as the Bank of Canada gathers to assess a weakened economy, with analysts warning of potential dovish signals that could pressure the currency further.
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RecommendedThe escalating conflict in Iran is creating significant economic uncertainty, forcing the Federal Reserve to reconsider its anticipated interest rate cuts amid surging energy prices and global market volatility.
Bank of America has reached a settlement to resolve legal claims brought by victims of Jeffrey Epstein, following allegations related to the financier's accounts. The agreement marks a significant step in addressing the fallout from Epstein's crimes.
Onex Corp. CEO Bobby Le Blanc is making a bold insurance play inspired by Warren Buffett, aiming to reshape the company's balance sheet and investor perception amid long-term underperformance.
Mastercard announces a major acquisition of BVNK, a stablecoin infrastructure company, for up to $1.8 billion, signaling a strategic push into digital asset services.
With oil prices surging due to conflict in Iran, Alberta's $9.4-billion deficit forecast may shrink dramatically. However, experts argue this temporary relief underscores the need for a comprehensive review of the province's revenue structure and overreli
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RecommendedThe Bank of Montreal is embarking on a major expansion into the U.S. market, planning to open more than 130 new branch locations across California, signaling a significant strategic move for the Canadian financial institution.
Economic growth and productivity in Canada are being overshadowed by short-term politics, with concerning employment trends and youth unemployment signaling deeper structural issues.
Analysis reveals the Carney administration is pursuing higher spending, larger deficits, and deeper debt accumulation than even the Trudeau government planned, contradicting election promises of fiscal restraint.
Canadian household wealth reached a record $18.6 trillion in 2025, driven by stock market gains, but economists warn geopolitical tensions could reverse growth in 2026.
The S&P/TSX composite index and major U.S. stock markets showed gains in late-morning trading on March 16, 2026, reflecting positive market momentum amid broader economic news.
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RecommendedGold trades near $5,000 per ounce as Middle East conflict drives oil prices higher, reducing expectations for Federal Reserve interest rate cuts and creating stagflation concerns.