bank of canada rate decision

Strong U.S. inflation could delay rate cuts on both sides of the border

April 10, 2024 No Comments

While the Bank of Canada left its benchmark rate unchanged as expected today, markets instead turned their attention to today’s hot U.S. inflation report.

Economists rule out rate cut this week, but all eyes on BoC statement and forecasts

April 8, 2024 No Comments

The Bank of Canada is widely expected to leave interest rates unchanged this week for the sixth straight meeting.

Tiff Macklem, governor of the Bank of Canada, speaks during an event at the Toronto Region Board of Trade in Toronto

“Still too early” to start cutting rates, says BoC’s Macklem

March 6, 2024 No Comments

Following today’s decision by the Bank of Canada to leave interest rates on hold, Governor Tiff Macklem said plainly that it’s still too early to being

Rate cuts are on the way, but not this week, economists say

March 5, 2024 No Comments

Economists expect a more dovish tone from the Bank of Canada when it unveils its interest rate decision on Wednesday.

Sticky inflation to push Bank of Canada rate cuts to at least June: economists

January 22, 2024 No Comments

A majority of economists believe stubborn inflation is likely to delay the first Bank of Canada rate cut until at least June.

Bank of Canada continues to talk tough despite markets’ rate-cut expectations

December 6, 2023 No Comments

Like a stern parent, the Bank of Canada once again reminded markets that it is prepared to raise interest rates further if necessary to bring down inflation.

Bank of Canada preview: Rate hold expected as attention shifts to rate cuts

December 5, 2023 No Comments

The Bank of Canada’s final rate decision of the year is expected to be uneventful, with markets and forecasters overwhelmingly predicting a third straight rate hold.

Bank of Canada delivers rate hold, but maintains hawkish bias

October 25, 2023 No Comments

The Bank of Canada delivered its second straight rate hold today, but signalled that it remains concerned about inflationary risks and price pressures.

Past rate hikes are slowing demand, but inflation still a “significant” concern: BoC

September 20, 2023 No Comments

When deciding to leave interest rates unchanged at its Sept. 6 monetary policy meeting this month, the Bank of Canada determined the past hikes are working to slow the economy.

Bank of Canada offers a reprieve for mortgage borrowers, but leaves door open to more hikes

September 6, 2023 No Comments

The Bank of Canada opted to leave interest rates unchanged today but maintained its hawkish bias, confirming it won’t hesitate to hike rates further if inflation doesn’t continue to trend downward.