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Bank of Canada announces key interest rate decision
4/10/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
The Bank of Canada (BoC) today announced its key interest rate decision, electing to hold rates steady at five per cent.
... MoreBank of Canada to keep rates on hold this week, first cut seen as early as June
4/8/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
The Bank of Canada is widely expected to keep its key overnight rate on hold Wednesday, as it gathers more evidence of cooling inflation before delivering its first interest ... More
Inflation expectations cast shadow on BoC's rate decision
4/3/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
Economists question their forecasts as inflation expectations challenge anticipated rate cuts
... MoreInflation metrics give BoC room to talk cuts
3/19/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
Economists widely expect central bank to start cutting rates in June
... MoreBank of Canada makes interest rate decision
3/9/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
The Bank of Canada elected to hold interest rates steady at 5 per cent.
... MoreInflation slows more than expected in January
2/20/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
Canadian consumer prices eased at the start of this year, with progress on underlying pressures likely to give the Bank of Canada more room to start considering rate cuts in ... More
Market participants still expect the first Bank of Canada rate cut in April
2/5/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by ... More
Bank of Canada reveals first rate decision of 2024
1/24/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
The Bank of Canada has left its policy rate unchanged in its first announcement of the year, keeping rates where they are for a fourth straight decision but giving little ... More
Bank of Canada could start cutting rates next year, says governor - BNN
12/19/2023 | Posted in Mortgage Interest Rates by Paul DeAdder
The Bank of Canada could start cutting interest rates next year as long as core inflation comes down as predicted, BNN Television cited Governor Tiff Macklem as saying in an ... More
Bank of Canada's Macklem says 'too early' to consider rate cuts
12/15/2023 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the two per cent target, but ... More
BoC to begin rate cuts by 2024's second quarter, market players say
11/7/2023 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
Experts are anticipating the BoC benchmark interest rate to retreat to 4% by the end of next year
... MoreBank of Canada likely to begin cutting rates in mid-2024: CIBC's Tal
10/18/2023 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
The overnight rate could settle around 3%, according to leading economist
... MoreEconomists see Bank of Canada holding on rates after surprise GDP contraction
9/1/2023 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an ... More
Canadian market participants see rates staying at 5 per cent in 2023: BoC survey
7/24/2023 | Posted in Mortgage Interest Rates by Paul DeAdder
The Bank of Canada (BoC) will not raise rates again and will start cutting a little later than previously anticipated, according to a survey of market participants released by ... More
How are mortgages keeping inflation high?
7/15/2023 | Posted in Canadian Economy and Interest Rates by Paul DeAdder
The Bank of Canada hiked interest rates again this week in response to persistently high inflation, prompting questions about the role of mortgages in the ongoing battle with ... More
