Interest rate cuts may be over, says RBC
6/17/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
New report challenges expectations for further rate reductions
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Stormy economy could lead to higher strain in Canada's mortgage market
6/16/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
CMHC isn't sounding the alarm on the mortgage outlook, but its deputy chief economist flagged some 'warning signs' as Trump's tariff chaos continues
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Bank of Canada holds policy rate at 2.75%
6/4/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
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BoC cut now looks more likely as tariffs hit Canadian jobs
5/9/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Unemployment jumped in April, strengthening the case for a June rate reduction
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BoC holds rate at 2.75%, outlines two paths for economy as trade tensions cloud outlook
4/16/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty ... More
Bank of Canada faces fresh pressure to cut rates amid economic gloom
4/7/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Surprise employment figures and trade uncertainty raise odds of another BoC cut within weeks
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Further Bank of Canada cuts still likely in 2025 despite cautious language
3/25/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The central bank is treading carefully on the question of lowering rates again, but it may have no other choice
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Bank of Canada expected to cut rate amid trade uncertainty
3/10/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.
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5 big banks cut fixed mortgage rates following bond yield drop
2/14/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Mortgage providers nationwide have been gradually lowering their fixed mortgage rates, including five of the country’s Big 6 banks.
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BMO forecasts 1.50% BoC rate by year-end if U.S. imposes tariffs on Canada
2/4/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Canada received a temporary reprieve from U.S. tariffs for at least 30 days, but if enacted, BMO warns the Bank of Canada may be forced to cut its policy rate to 1.50% by ... More
Canadian fixed mortgage rates are dropping as U.S. tariffs shake markets
2/3/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Canada’s 5-year bond yield has fallen to its lowest level since June 2022, following fresh concerns over economic uncertainty and global trade tensions.
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Are Canadian interest rates about to nosedive?
2/4/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Tariffs are off the table for now – but both fixed and variable rates could still tumble
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Banking giant calls for emergency BoC rate cut
2/3/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Economists say central bank could make oversized inter-meeting reduction as Canadians come to terms with Trump's tariffs.
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Bank of Canada cuts rates in first decision of 2025
1/29/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The central bank said on Wednesday morning that it had trimmed the key rate by 25 basis points, a move that brings it to 3% but also marks a smaller reduction than its previous ... More
1/29/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.
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Bank of Canada weighs first move of 2025
1/20/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada (BoC) is preparing to make its first key policy decision of the year on January 29, with Canadians eager to see whether the central bank will cut its ... More
Here's what economists expect the Bank of Canada to do in 2025
1/3/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Economists at Canada’s major banks don’t expect interest rates to move quite as dramatically in 2025 as they did in 2024, but they still see various sources of ... More
Bank of Canada drops key interest rate
12/11/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Canada’s central bank has cut interest rates for the fifth consecutive time to 3.25 per cent as the country’s economy grows at a slower rate than projected.
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Hidden Bank of Canada clues point to another big cut: CIBC economists
11/22/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Various signs point to the Bank of Canada (BoC) cutting interest rates by another half percentage point in December, even if the bank hasn’t said so explicitly, CIBC ... More
Bank of Canada slashes rates, says monetary policy has worked
10/23/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four years, and hailed signs the ... More
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