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Canadian News

Canadian Market Likely To Open Flat; BoC, Fed Rate Decisions Eyed

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Canadian and U.S. futures point to a flat start on Bay Street Wednesday morning, ahead of interest rate decisions from the Bank of Canada and the Federal Reserve.

While the Canadian Central Bank is scheduled to announce its monetary policy at 9.45 AM ET, the Fed's decision is due at 2 PM ET. Today's meeting may be the final one for Jerome Powell as Fed Chair as his term ends on May 15. Kevin Warsh is expected to take over as Fed Chair next month.

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Business News

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.