rate outlook

Bank of Canada’s Governing Council divided over timing of future rate cuts

March 20, 2024 No Comments

While conditions for rate cuts are expected to materialize over the course of the year, the Bank of Canada itself appears divided over when exactly these conditions will be met.

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.

Inflation crept back up in December: “We’re not out of the woods yet”

January 16, 2024 No Comments

For the third time since 2022, Canada’s headline inflation rate reversed course and trended back upward in December. Headline inflation rose 3.4% last month, Statistics

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.

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.

Market participants expect first rate cut as early as April 2024

November 6, 2023 1 Comment

A survey of influential economists and analysts shows many are expecting the Bank of Canada’s first rate cut by April 2024.

Recession talk gets louder as economic growth flatlines for second straight month

October 31, 2023 No Comments

Canada’s economic growth has flatlined for the second straight month, and has now undershot expectations for the past five months.

August job gains keep Bank of Canada rate hikes in play

September 8, 2023 1 Comment

Surprisingly strong employment gains in August are keeping the door open to an additional Bank of Canada rate hike this year, economists say.

Bank of Canada not ruling out additional rate hikes just yet

March 9, 2023 No Comments

The Bank of Canada delivered its first rate pause of the past year yesterday, but Deputy Governor Carolyn Rogers made clear it remains a “conditional pause.”

Bank of Canada preview: A 75-bps hike is likely, but not without risks

October 23, 2022 No Comments

With interest rates now in restrictive territory and signs of economic softening, some say the Bank of Canada is facing one of its most important rate decisions of the current rate-hike cycle.