Bank of Canada rate cut now 'a near certainty'
3/14/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Bond markets predicting interest rates to fall – and possibly very soon
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Bank of Canada keeping options open but could be done on hikes: CIBC's Tal
3/9/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The central bank has left its policy rate untouched for the first time in over a year
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Bank of Canada holds key interest rate at 4.5 per cent
3/8/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada maintained its policy rate at 4.5 per cent, following eight consecutive rate hikes since March.
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The end is nigh for Canada's housing market downturn, RBC reports
3/8/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Royal Bank of Canada (RBC) has published its report and outlook on the country’s housing market and sees the market downturn headed towards its conclusion.
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BoC expected to hold interest rate next week, one year after aggressive cycle began
3/3/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
One year after the Bank of Canada's aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding its key interest rate ... More
Bank of Canada might need to raise rates if companies keep raising prices, Macklem warns
2/22/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Despite a decline in general inflation, grocery prices have increased at double the rate of everything else. That could mean more rate hikes ahead.
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Senate demands greater transparency from Bank of Canada
2/17/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
As it fights to regain the confidence it lost during the battle to control inflation last year, a Senate committee has demanded increased parliamentary supervision of the Bank ... More
Macklem defends Bank of Canada rate pause as growth grinds to halt
2/8/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Governor Tiff Macklem said the Bank of Canada needs to keep interest rates steady to avoid slowing the economy too much, defending his decision to pause hikes in remarks that ... More
Has the BoC reached an endpoint on rate hikes? CIBC's Tal gives his verdict
1/16/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
"They are in a very difficult situation in which they have to tell you they are done without telling you they are done"
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Here's what another Bank of Canada rate hike means for Canadians
1/27/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts ... More
Bank of Canada hikes rates, becomes first major central bank to signal pause
1/25/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada on Wednesday hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank fighting global inflation to say it ... More
BoC expected to deliver eighth consecutive rate hike, but it's probably the last one
1/20/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the ... More
Could the latest BoC announcement stabilize Canada's housing market?
12/21/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The end of the central bank's rate hikes may be imminent – a development that could be a welcome boost for homebuyers
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Bank of Canada could be done on hikes for now: CIBC's Tal
12/8/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
"This is a significant difference in language, basically telling you that the Bank is willing to stop at this point if the data behaves"
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Bank of Canada announces another big hike
12/7/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada is increasing its key overnight interest rate by 50 basis points to 4.25 per cent. This is the seventh consecutive increase since the Bank began hiking rates ... More
Forecasters split on how high Bank of Canada will push next rate hike
12/4/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada is expected to increase interest rates once more this week, capping off a tumultuous year for the central bank.
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Canadian inflation holds steady, boosting chances of 25-bp rate hike
11/16/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
While Governor Tiff Macklem had left the door open to another oversized increase, the inflation data was seen supporting a downshift to a standard 25-bp increase, with the ... More
BoC's Macklem: Rate hikes nearing end, but consumer pain ahead
11/3/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank ... More
Bank of Canada expected to raise interest rates on Wednesday as recession fears grow
10/25/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
ven as warnings about a potential recession grow louder, the Bank of Canada is expected to announce another hefty interest rate hike on Wednesday.
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Growing debt could threaten stability as rates rise, says Bank of Canada's Rogers
10/18/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada is closely monitoring debt burdens being shouldered across the economy over concerns they could become a threat to financial stability as interest rates ... More
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