core inflation

Economists predict June rate cut as inflation continues to ease

March 19, 2024 No Comments

Today’s lower-than-expected inflation reading for February has bolstered confidence that the Bank of Canada could initiate its first rate cut in June.

Unexpected inflation drop won’t hasten Bank of Canada’s rate cut plans, economists say

February 20, 2024 No Comments

The Bank of Canada is still likely to wait until mid-year before delivering its first rate cut, despite January’s downside surprise in inflation, economists say.

The Bank of Canada’s fight against inflation isn’t over as progress stalls in November

December 19, 2023 No Comments

Despite expectations that inflation would dip below 3% in November, headline inflation instead stalled, remaining unchanged from October.

Rate cut odds steep following weak inflation data

Rate cut odds steepen after weak October inflation data

November 21, 2023 No Comments

Following the release of weaker-than-expected October inflation data, markets are growing more confident that the Bank of Canada’s rate-hike cycle is officially over.

The Bank of Canada’s latest rate hold wasn’t unanimous, meeting minutes show

November 8, 2023 1 Comment

While the Bank of Canada’s rate hold last month was a welcome reprieve for borrowers, minutes from the meeting show the decision wasn’t a unanimous one.

“No need for further rate hikes” after inflation surprises to the downside

October 17, 2023 No Comments

With Canada’s headline inflation rate once again trending downward, next week’s Bank of Canada rate decision is now looking decidedly more like a rate hold.

“Ups and downs” in inflation not unusual: BoC

September 19, 2023 No Comments

Despite the larger-than-expected rise in inflation in August, the Bank of Canada says that such “ups and downs” are not unexpected.

Inflation rises more than expected in August, keeping BoC rate hikes in play

September 19, 2023 No Comments

Inflation heated up more than expected in August, raising the odds of yet another Bank of Canada rate hike in October.

It’s possible interest rates aren’t high enough: BoC’s Macklem

September 7, 2023 1 Comment

While the Bank of Canada is “encouraged” by the way higher rates are working to slow inflation, Governor Tiff Macklem said it’s possible interest rates aren’t yet high enough.

Bank of Canada won’t be pleased with July inflation data, but rate hold still expected

August 15, 2023 No Comments

Economists say the Bank of Canada likely won’t be pleased with July’s headline inflation reading, which came in hotter than expected.