Scotiabank Revises Forecast, Predicts Bank of Canada Rate Cuts in 2026 Amid Growing Trade Pressures Scotiabank has updated its interest rate outlook, now projecting that […]
Tag: Interest Rates
Bank of Canada Lowers Policy Rate by 25 Basis Points to 2.75%
Bank of Canada Lowers Policy Rate to 2.75% Amid Economic Uncertainty The Bank of Canada has reduced its target for the overnight rate to 2.75%, […]
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 […]
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 […]
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 […]
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 […]