3/14/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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Bond markets predicting interest rates to fall – and possibly very soon

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Bank of Canada rate cut now 'a near certainty'

  3/9/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The central bank has left its policy rate untouched for the first time in over a year

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Bank of Canada keeping options open but could be done on hikes: CIBC's Tal

  3/8/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada maintained its policy rate at 4.5 per cent, following eight consecutive rate hikes since March.

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Bank of Canada holds key interest rate at 4.5 per cent

  3/8/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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Royal Bank of Canada (RBC) has published its report and outlook on the country’s housing market and sees the market downturn headed towards its conclusion.

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The end is nigh for Canada's housing market downturn, RBC reports

  3/3/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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One year after the Bank of Canada's aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding its key interest rate ... More

BoC expected to hold interest rate next week, one year after aggressive cycle began

  2/22/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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Despite a decline in general inflation, grocery prices have increased at double the rate of everything else. That could mean more rate hikes ahead.

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Bank of Canada might need to raise rates if companies keep raising prices, Macklem warns

  2/17/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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As it fights to regain the confidence it lost during the battle to control inflation last year, a Senate committee has demanded increased parliamentary supervision of the Bank ... More

Senate demands greater transparency from Bank of Canada

  2/8/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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Governor Tiff Macklem said the Bank of Canada needs to keep interest rates steady to avoid slowing the economy too much, defending his decision to pause hikes in remarks that ... More

Macklem defends Bank of Canada rate pause as growth grinds to halt

  1/27/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts ... More

Here's what another Bank of Canada rate hike means for Canadians

  1/25/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada on Wednesday hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank fighting global inflation to say it ... More

Bank of Canada hikes rates, becomes first major central bank to signal pause

  1/20/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the ... More

BoC expected to deliver eighth consecutive rate hike, but it's probably the last one

  1/16/2023 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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"They are in a very difficult situation in which they have to tell you they are done without telling you they are done"

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Has the BoC reached an endpoint on rate hikes? CIBC's Tal gives his verdict

  12/21/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The end of the central bank's rate hikes may be imminent – a development that could be a welcome boost for homebuyers

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Could the latest BoC announcement stabilize Canada's housing market?

  12/8/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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"This is a significant difference in language, basically telling you that the Bank is willing to stop at this point if the data behaves"

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Bank of Canada could be done on hikes for now: CIBC's Tal

  12/7/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada is increasing its key overnight interest rate by 50 basis points to 4.25 per cent. This is the seventh consecutive increase since the Bank began hiking rates ... More

Bank of Canada announces another big hike

  12/4/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada is expected to increase interest rates once more this week, capping off a tumultuous year for the central bank.

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Forecasters split on how high Bank of Canada will push next rate hike

  11/16/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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While Governor Tiff Macklem had left the door open to another oversized increase, the inflation data was seen supporting a downshift to a standard 25-bp increase, with the ... More

Canadian inflation holds steady, boosting chances of 25-bp rate hike

  11/3/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank ... More

BoC's Macklem: Rate hikes nearing end, but consumer pain ahead

  10/25/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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ven as warnings about a potential recession grow louder, the Bank of Canada is expected to announce another hefty interest rate hike on Wednesday.

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Bank of Canada expected to raise interest rates on Wednesday as recession fears grow

  10/18/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada is closely monitoring debt burdens being shouldered across the economy over concerns they could become a threat to financial stability as interest rates ... More

Growing debt could threaten stability as rates rise, says Bank of Canada's Rogers

  9/7/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada has increased its benchmark rate by 0.75%, marking a fifth consecutive hike in its latest effort to get surging price growth under control.

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Bank of Canada announces another big rate hike

  8/9/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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A massive rate jump at the central bank’s meeting next month is a near certainty, economists say

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Experts: BoC rate hikes to go full steam ahead despite economic malaise

  7/14/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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According to the Bank of Canada’s new forecast, the rate shock it just delivered will keep inflation expectations in check, restraining wage demands and price ... More

Rate shock raises questions over Bank of Canada's rosy view

  6/3/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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One day after raising the key interest rate by 50 basis points to 1.5 per cent, the Bank of Canada is warning Canadians that rates could rise above previously targeted levels ... More

Deputy Bank of Canada governor warns key interest rate could rise above previous target of 3 per cent

  4/15/2020 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, ... More

Bank of Canada says coronavirus to trigger biggest slump ever, drops forecasts

  3/27/2020 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement.

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Bank of Canada: Key interest rate cut to lowest level

  3/17/2020 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Big Six banks are slashing their prime lending rates 50 basis points to 2.95 per cent from 3.45 per cent in response to the plunge in the benchmark Bank of Canada interest ... More

Big Six banks slash prime rates by half a point

  3/13/2020 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the ... More

Bank of Canada slashes policy rate to 0.75 per cent in surprise cut

  3/2/2020 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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Just a few days before the Bank of Canada’s March 4 meeting, the Monetary Policy Council of the C.D. Howe Institute called on the institution to lower its benchmark ... More

BoC rate must be at 1.5%, think-tank's fiscal policy council says
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