Bank of Canada Holds Key Interest Rate Amid Rising Trade Uncertainty The Bank of Canada announced today that it is holding its target for the […]
Tag: Interest Rate
Bank of Canada Likely to Conclude Quantitative Tightening in Coming Months
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 […]
Canada’s Unemployment Rate Climbs to 6.8%, Increasing Likelihood of Significant Interest Rate Cut
Canada’s Unemployment Rate Climbs to 6.8%, Increasing Pressure for Steeper Interest Rate Cuts Canada’s unemployment rate rose to 6.8% in November, fueling speculation about a […]
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 […]