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 […]
Tag: Rates
Concerns about a recession among Canadians have decreased compared to the previous year.
According to the findings, 72% of those surveyed are worried about a recession in 2024. This represents a decrease from the previous year, as the […]
The Bank of Canada is divided on the question of whether it is necessary to increase interest rates further.
The possibility of additional interest rate increases by the Bank of Canada is still under consideration, given the ongoing division within its governing council regarding […]
Bank of Canada; unlikely to further increase interest rates and may instead opt for a rate cut by mid-2024.
The Bank of Canada (BoC) is scheduled to release its interest rate update on Wednesday, October 25, at 10 am ET. This event will be […]
Economists anticipate an increase in inflation as the battle against price growth enters a new phase.
Analysts predict that the upcoming consumer price index report for this week will reveal an increase in inflation for the past month, indicating a shift […]
Bank of Canada is anticipated to raise rates in the coming week; In light of rise in unemployment rate.
The Canadian labor market is displaying indications of weakening as the unemployment rate increases and wage growth decelerates. However, despite these developments, forecasters anticipate an […]
