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Despite good economic news, experts warn the pain’s not over yetThe return to two per cent inflation and forecasts for more interest rate cuts are being hailed as good news, but economists warn there's more to the picture.MoneySep 21
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‘Exceptional’ mortgage rates spotted in Canada after U.S. Fed rate cutRipple effects from the U.S. Federal Reserve's half-point rate cut on Wednesday are already being felt in Canada, according to experts.MoneySep 19
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Bank of Canada hopes job growth will ‘pick up’ amid rate cuts: MacklemBank of Canada governor Tiff Macklem says the health of the labour market is one consideration feeding into the central bank's interest rate decisions.EconomySep 10
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The Bank of Canada cut rates again. Here’s why, and what’s nextThe Bank of Canada is continuing to cut its benchmark interest rate, lowering the cost of borrowing as inflation increasingly looks to be under control.MoneySep 4
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The Bank of Canada is expected to cut rates again, with U.S. Fed on deckThe Bank of Canada and U.S. Federal Reserve are both gearing up for interest rate decisions. Here's what economists expect from governor Tiff Macklem this week.MoneySep 3
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Rail shutdown could ‘jeopardize’ some inflation progress: economistsUncertainty around how long rail disruptions may last could have dire implications for the Canadian economy. Here's what economists say about how the Bank of Canada might react.EconomyAug 23
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Better mortgage rates but not prices for B.C. homeowners, buyers after BoC rate cutBritish Columbians can expect better mortgage rates after the Bank of Canada cut its key interest rate again Wednesday, experts said. Affordability, however, is still an issue.EconomySep 4
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Canadian economy grew in Q2 — beating Bank of Canada’s forecastThe economy grew at an annualized rate of 2.1 per cent in the second quarter but continued to shrink on a per-person basis, according to Statistics Canada.EconomyAug 30
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From ‘gradual’ to a cut every meeting: Why are interest rate bets changing?Expectations for how quickly the Bank of Canada could cut interest rates have been accelerating in recent months. Here's why, and what to expect for the rest of 2024.MoneyAug 21
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Strong housing market rebound could slow pace of rate cuts: BoCDeliberations from the Bank of Canada's latest interest rate cut show a rebound in the housing market could play spoiler for the pace of rate cuts going forward.MoneySep 18
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Here’s why economists expect ‘good news’ from the August inflation reportRoyal Bank of Canada is expects Canadians got even more inflation relief last month, with the annual rate forecast to slow sharply to 2.1 per cent.MoneySep 16
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Where should you put your money now that interest rates are falling?The Bank of Canada's shift from interest rate hikes to cuts warrants a 'refresh' of Canadian portfolios, investment experts tell Global News.MoneySep 14
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After ousting former CFO, RBC makes interim finance chief permanentKatherine Gibson will carry the chief financial officer title permanently at Royal Bank of Canada following the ouster of Nadine Ahn in April.CanadaSep 12
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Inflation is finally back at 2%. Is it the ‘light at the end of the tunnel’?Annual inflation cooled to two per cent in August, achieving the Bank of Canada's two per cent target for the first time since early 2021.EconomySep 17
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Despite rate cuts, home sales stuck in ‘holding pattern’ over summer: CREAHome sales rose again in August but the national housing market was not shocked to life by the start of the Bank of Canada's interest rate easing cycle, according to CREA.MoneySep 16
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Canada’s unemployment rate hits 7-year high in AugustMore signs of weakness in the Canadian labour market have some economists wondering if the Bank of Canada should pick up the pace of cuts.EconomySep 6
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Interest rates on car payments not heavily affected by BoC key interest rate dropDespite the Bank of Canada cutting its interest rate a third time, car dealerships in Regina say it has little to no short-term effect on vehicle financing and interest payments.CanadaSep 5
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Bank of Canada is now less concerned rate cuts will drive up home pricesThe Bank of Canada's governing council indicated in deliberations from the July 24 meeting that it was less worried about home prices spiking as the benchmark interest rate falls.EconomyAug 7
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Inflation decelerates in July as car prices shift into reverseJuly consumer price index data will be the Bank of Canada's last look at the latest inflation trends before its upcoming rate decision slated for Sept. 4.MoneyAug 20
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‘Spotty’ summer could be followed by ‘friendlier’ fall for homebuyersHome sales edged back somewhat in July despite the start of the Bank of Canada's interest rate easing cycle. Here's what experts expect for the fall amid hopes for more rate cuts.MoneyAug 15