Bank of Canada Signals End to Quantitative Tightening Program by Mid-Year The Bank of Canada (BoC) will soon conclude its quantitative tightening (QT) program, Deputy […]
Tag: Bank of Canada
Minutes Reveal Bank of Canada’s Rate Cut Was a Narrow Decision
The Bank of Canada’s decision to cut its policy rate by 50 basis points on December 11 was a closely debated move, with some members […]
Canadian Hero Terry Fox Selected as Face of New $5 Bill
Terry Fox has been chosen to appear on Canada’s next $5 banknote. The federal government made the announcement in its fall economic statement on Monday, […]
Bank of Canada Concerned Large Rate Cut Might Signal ‘Economic Trouble,’ Meeting Notes Reveal
The Bank of Canada’s governing council voiced concerns that a 50-basis-point rate cut in October might signal “economic trouble” and lead to expectations of additional […]
Survey Suggests Bank of Canada’s Neutral Rate May Settle at 2.75%
The financial market anticipates that the Bank of Canada will reduce its policy rate to 2.75% by June 2025 and hold it steady through the […]
Bank of Canada Cuts Policy Rate by 50 Basis Points to 3.75%
The Bank of Canada has lowered its target for the overnight rate to 3.75%, with the Bank Rate at 4% and the deposit rate also […]
Economists Predict Bank of Canada Will Accelerate and Deepen Interest Rate Cuts Over the Next Year
Economists predict that the Bank of Canada will cut interest rates for a third consecutive meeting next week, continuing a steady downward trend in borrowing […]
Bank of Canada Rate Cut Offers Relief for Indebted Canadians
A recent interest rate cut and encouraging economic data have sparked optimism among debt-laden Canadians, suggesting that better days might be on the horizon, according […]