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 […]
Tag: Bank of Canada
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 […]
How Much Will the Bank of Canada Cut Interest Rates in 2024?
Dawn Desjardins, senior economist at Deloitte Canada, discusses the implications of the latest inflation data for the Bank of Canada and interest rates with Financial […]
Bank of Canada Set to Reveal Interest Rate Verdict Today, Anticipated to Maintain Key Rate at 5%
This morning, the Bank of Canada is poised to announce its interest rate decision. Despite indications of cooling inflation, economists widely anticipate the central bank […]