Bank Of Canada Interest Rate
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Inflation just took a ‘significant step away’ from the Bank of Canada’s 2% goalAugust's consumer price index figures mark the second consecutive month inflation has accelerated in Canada, even as grocery prices saw some relief.CanadaSep 19
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Canadians are borrowing less and getting paid more amid higher interest ratesGrowth in disposable income is helping to offset the impact of higher interest rates on household budgets, Statistics Canada says, but economists warn that could change.MoneySep 13
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Bank of Canada ‘remains independent’ amid political comments: MacklemGovernor Tiff Macklem defended the Bank of Canada's operational independence on Thursday as the central bank's interest rate decisions face political commentary.PoliticsSep 7
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Higher interest rates are ‘painful’ but ‘worth it’: Bank of Canada’s MacklemTiff Macklem says the Bank of Canada’s work to tame inflation with restrictive interest rates is working, but momentum in those efforts might be slowing.MoneySep 7
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Bank of Canada holds key rate but leaves door open to future hikesThe Bank of Canada's benchmark interest rate remained unchanged on Wednesday amid signs the economy could be slowing enough to tame inflation.CanadaSep 6
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Bank of Canada faces political pressure to hold rates. But will it matter?The Bank is set to make its next interest rate decision Wednesday and is widely expected to hold steady as the economy begins to buckle under the weight of higher interest rates.EconomySep 5
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‘Unpredictable’ Bank of Canada looms over fall housing market. Here’s whyCanada's housing market is expected to stall in the fall amid a lack of inventory and ongoing uncertainty around the central bank's interest rates, according to Re/Max.MoneySep 5
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Could rate hikes be ‘over and done?’ What economists say as economy stallsEconomic growth was 'nearly unchanged' in the second quarter of 2023, coming in below expectations, according to the latest release from Statistics Canada.EconomySep 1
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Why China’s economy is faltering — and how that might impact CanadaHopes for a booming economic rebound from the COVID-19 pandemic have not materialized for China, leading some forecasters to slash growth expectations for the manufacturing hub.CanadaAug 22
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Why inflation’s latest jump is bad news for the Bank of CanadaStatistics Canada says the annual rate of inflation in the country jumped to 3.3 per cent in July, but food prices showed signs of slowing pressures.MoneyAug 15
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