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

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 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.

Bank Of Canada Announces April Rate Decision

Bank of Canada cautions markets against rate-cut bets

April 12, 2023 No Comments

With markets pricing in rate cuts by the end of the year, the Bank of Canada today made clear that it doesn’t share the same outlook.

Bank of Canada rate decision January 2023

Bank of Canada delivers long-awaited rate pause. Will it last?

March 8, 2023 No Comments

As expected, the Bank of Canada delivered its first rate pause in a year following eight consecutive rate hikes.

Tiff Macklem, Governor of the Bank of Canada

Was this the Bank of Canada’s last rate hike?

December 7, 2022 No Comments

Despite delivering a half-point interest rate hike at its final rate decision meeting of 2022, the Bank of Canada offered borrowers a glimmer of hope that this could be among its last.

Tiff Macklem comments on the need to raise interest rates

Bank of Canada’s 50-bps hike suggests the “peak is near”

October 26, 2022 No Comments

The Bank of Canada surprised markets on Wednesday by delivering a lower-than-expected 50-basis-point rate hike, its sixth consecutive rate increase of the year.