Foreign Affairs Minister Mélanie Joly has endorsed Mark Carney in the race for the leadership of the Liberal Party of Canada, arguing the former governor of the Bank of Canada has a "clear vision" for the future.

In a statement posted to social media, Joly said Carney "brings unparalleled economic experience, having served as governor of the Bank of Canada and the Bank of England." "During times of crisis ...

Joly believes the former governor of the Bank of Canada and the Bank of England is best suited to deal with the threat of a trade dispute with the United States. The source pointed to Carney's experience managing the 2008 financial crisis and the economic ...

Freeland pledges a new process for party leadership reviews, while Gould says caucus could adopt the Reform Act to vote out their leaders

OTTAWA — The federal Liberals are running their first leadership race in more than a decade to replace the departing Justin Trudeau.

The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods of turbulence in Britain's government bond market.

The Bank of England on Tuesday appointed one of its senior advisers, Andrea Enria, to the Prudential Regulation Committee (PRC).

The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.

The US investment bank slashed its growth forecasts on Monday, citing both the lingering impact of the Bank's monetary tightening and the fallout from the Budget.

The US investment bank slashed its growth forecasts on Monday, citing both the lingering impact of the Bank’s monetary tightening and the fallout from the Budget.

The Bank of England is facing a growing clamour to make as many as six cuts in interest rates to save the economy from a recession. Goldman Sachs has issued a new forecast that UK interest rates ...

with only a select few surpassing others in relation to the Bank of England's (BoE) base rate. The BoE base rate, currently at 4.75%, is typically used by banks as a benchmark to determine loan ...