Bank of Canada holds rates steady on tariffs, mixed inflation data
  • June 4, 2025

Bank of Canada holds rates steady on tariffs, mixed inflation data

Investing.com -- The Bank of Canada left its key interest rate unchanged at 2.75% on Wednesday, as expected by analysts, amid persistent volatility in global trade and inflation dynamics. The Bank Rate remains at 3%, while the deposit rate was held at 2.70%, signaling policymakers’ measured stance in uncertain economic conditions.

Tariff-Resistant Economy Soothes Traders Ahead of Jobs Day
  • June 4, 2025

Tariff-Resistant Economy Soothes Traders Ahead of Jobs Day

(Bloomberg) -- Options traders are betting the S&P 500 Index will post its smallest swing in months following Friday’s US employment report, highlighting how a spate of better-than-expected data has calmed investor worries over the economic impact of President Donald Trump’s tariffs. Most Read from BloombergThe Global Struggle to Build Safer CarsICE Moves to DNA-Test Families Targeted for Deportation with New ContractAt London’s New Design Museum, Visitors Get Hands-On AccessLA City Council Pass