Derek DeCloet on Muck Rack

Derek DeCloet

Verified
(He/Him)
  • Managing Editor, Bloomberg News
  • None, Bloomberg News - Toronto Bureau
Toronto
As seen in: Bloomberg News, MSN, The Washington Post, Yahoo Canada, Yahoo News, Yahoo News Hong Kong, Yahoo News New Zealand, Yahoo Finance, Yahoo Finance Canada, Yahoo Finance New Zealand, Yahoo Finance Singapore and
Covers:  Business, finance, economics, policy, politics.
Bloomberg News. Opinions are mine. Facts matter. Email: ddecloet@bloomberg.net or decloet@protonmail.com. Signal: derek.83 (Header art: Joyce Wieland @ AGO)

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Derek DeCloet’s Biography

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Business journalist in Canada. I work for Bloomberg News.

Articles

Bank of Canada can let loonie weaken and skip hikes, Bank of America says

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By Derek DeCloet Verified
| Financial Post Verified
A weak loonie doesn’t typically lead to much inflationary pressure in Canada. The Bank of Canada is likely to keep rates on hold through most of 2027 and allow the Canadian dollar to weaken further even if United States monetary policy tightens, Bank of America says. Sign In or Create an Account The loonie fell as low as $1.417 per U.S. dollar on Thursday, its lowest intraday level since April 2025.
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Bank of Canada can let loonie weaken and skip hikes, Bank of America says

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By Derek DeCloet Verified
| Flipboard
5 hours ago If you tuned in to the first few hours of U.S. Open coverage Thursday, you probably asked yourself questions like, "Will it be this windy all week? How fast are these greens? And what the hell is Brooks Koepka wearing?" Social media was buzzing with jokes about Koepka's Nike Par Dri-Fit Polo, which …
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Canadian bonds rally after BOC holds rates, cites weak economy

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By Derek DeCloet Verified
| Financial Post Verified
Skip to Content Bank of Canada policymakers are watching to see whether higher energy prices leader to broader inflation pressure Bankof Canada Governor Tiff Macklem told reporters that officials don’t believe the economy is in recession, though output has contracted for two quarters in a row.
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