Paul Beaudry News
09.10 / 15:39
markets
COST
economy
Sustainability
reports
rights
Former Bank of Canada official Paul Beaudry sees jumbo rate cut in October
An ex-member of the Bank of Canada’s governing body said officials should cut borrowing costs by half a percentage point later this month.
26.07 / 12:57
02.06 / 21:07
Target
Bank of Canada’s Beaudry: Policy Rate Might Be Headed Toward 3% or Above
OTTAWA—The rapid acceleration in prices has increased the likelihood the Bank of Canada may need to double its policy interest rate, from its current 1.5% level to 3% or higher, to drive inflation toward its 2% target, a senior central bank official said Thursday.
25.11 / 12:19
Stablecoin
Adoption
Bitcoin
Crypto poses no big risk to economy so far, Bank of Canada official says
Cryptocurrencies like Bitcoin (BTC) do not pose any significant risk to the financial system at their current level of adoption, according to Bank of Canada’s Deputy Governor Paul Beaudry.
24.11 / 11:37
Bank of Canada Raises Concerns Over High Household Debt
OTTAWA—Canadians’ high household debt levels are re-emerging as a concern despite the massive fiscal support offered by the federal government during the pandemic, a senior Bank of Canada official said Tuesday.
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