interest rates News and Articles | My Blog
Five of six Canadian banks predict sharper rate cut as inflation slows
10/21/2024 | Posted in Interest Rates by Paul DeAdder
Five of Canada's biggest banks are now expecting a larger-than-usual interest rate cut from the Bank of Canada after inflation numbers came in lower than anticipated.
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Rate cut showdown: 25 or 50 bps? Economists split on Bank of Canada's next move
10/11/2024 | Posted in Interest Rates by Paul DeAdder
Strong employment results for September have tempered Bank of Canada rate cut expectations for later this month.
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The Bank of Canada is expected to cut rates again, with U.S. Fed on deck
9/3/2024 | Posted in Interest Rates by Paul DeAdder
The Bank of Canada is widely expected to deliver a third consecutive interest rate cut on Wednesday as inflationary forces continue to cool on both sides of the Canada-United ... More
We could reach 2% inflation by this summer: National Bank
2/28/2024 | Posted in Interest Rates by Paul DeAdder
Could Canada’s headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada’s own forecasts?
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The Bank of Canada's latest move may signal higher rates
2/10/2024 | Posted in Interest Rates by Paul DeAdder
BoC's cash-management tool reboot suggests no easing on the horizon, surprising markets
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Fixed mortgage rates in Canada resume their decline amid economic volatility
2/3/2024 | Posted in Interest Rates by Paul DeAdder
After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down.
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BoC set to leave rate unchanged in January, says RBC
1/19/2024 | Posted in Interest Rates by Paul DeAdder
The Bank of Canada is likely to leave its overnight rate unchanged in its first decision of 2024, according to new forward guidance by the Royal Bank of Canada.
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Big banks slash mortgage rates this week to reflect lower bond yields in Canada
1/12/2024 | Posted in Interest Rates by Paul DeAdder
Nearly all of the country’s big banks slashed their advertised fixed mortgage rates this week, in some cases by as much as 70 basis points (or 0.70%).
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Bank of Canada holds key rate steady at 5 per cent, says economy is weakening
9/6/2023 | Posted in Interest Rates by Paul DeAdder
The Bank of Canada held its key interest rate steady at five per cent today, citing recent evidence that suggests the economy is weakening.
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Sustained low interest rates no longer possible, says former BoC governor
9/4/2023 | Posted in Interest Rates by Paul DeAdder
This is despite a projected slight drop in the BoC’s policy rate by the end of 2024 or early 2025
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Another rate hike coming, say Big Six banks
7/7/2023 | Posted in Interest Rates by Paul DeAdder
All six of Canada’s main commercial lenders now expect the Bank of Canada to raise interest rates next week after the country’s labor market tripled expectations in ... More
6/6/2023 | Posted in Interest Rates by Paul DeAdder
After hitting pause on rates, growing speculation the bank is ready to hike again
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Lenders - including some big banks -are hiking fixed mortgage rates again
5/29/2023 | Posted in Interest Rates by Paul DeAdder
The past two weeks have seen a flurry of mortgage rate increases at mortgage lenders, including several of the Big 6 banks.
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Growing number of economists predicting another imminent BoC rate jump
5/23/2023 | Posted in Interest Rates by Paul DeAdder
Housing market growth and persistent inflation challenges are hardening expectations of an increase
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Bank of Canada announces interest rate decision
10/30/2019 | Posted in Interest Rates by Paul DeAdder
The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%.
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Bank of Canada reveals latest interest rate decision
9/4/2019 | Posted in Interest Rates by Paul DeAdder
The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy.
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A Bank of Canada rate cut as early as September
8/20/2019 | Posted in Interest Rates by Paul DeAdder
A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says.
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The bank offering the world's first negative mortgage rate
8/18/2019 | Posted in Interest Rates by Paul DeAdder
Negative mortgage interest rates offered in Denmark. How is it possible?
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Canadian mortgage rates falling to their lowest level in 2 years
6/7/2019 | Posted in Interest Rates by Paul DeAdder
Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for ... More
Bank of Canada maintains overnight rate target at 1.75 per cent
5/29/2019 | Posted in Interest Rates by Paul DeAdder
The Bank of Canada today maintained its target for the overnight rate.
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