Bank Of Canada News
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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, 2023
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Housing upturn could delay a shift by Bank of Canada to cut rates. What to knowThe housing market's upturn comes after the Bank of Canada paused its interest rate hiking campaign last month, leaving the benchmark rate at 4.5 per cent since January.EconomyMay 15, 2023
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Digital loonie? Bank of Canada wants your thoughts on potential new currencyThe Bank of Canada has launched an online public consultation on the features that could be included in a digital loonie, but also reiterated cash isn't going anywhere.EconomyMay 8, 2023
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Bank of Canada mulled an April rate hike. What went into the decision to holdThe Bank of Canada considered raising interest rates earlier this month, as it feared being too slow to react to sticky inflation.EconomyApr 26, 2023
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Bank of Canada says tight labour market, resilient economy led to January rate hikeThe Bank of Canada's first-ever release of its interest rate deliberations shows how its top policymakers weigh the state of the economy in choosing whether to hike rates.EconomyFeb 8, 2023
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Will the Bank of Canada cut interest rates this year? What market watchers are sayingAfter the rate decision on Jan. 25, Governor Tiff Macklem in an interview pushed back against traders who were betting that the central bank would cut rates as soon as October.CanadaFeb 6, 2023
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Why did Bank of Canada hike rate again? Summary release to explain decisionThe central bank said it would begin releasing summaries about two weeks after an interest rate decision starting in 2023 in an effort to improve transparency.EconomyFeb 6, 2023
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Bank of Canada to offer policy meeting minutes for first time everThe so-called "summary deliberations" from the Bank of Canada's meeting will be published on Feb 8.EconomyJan 23, 2023
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Bank of Canada board gets 3 new directors including 1st First Nations memberCanada's finance ministry said on Thursday it was appointing three new directors to the Bank of Canada's board of directors.CanadaJan 12, 2023
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Central banks must continue raising interest rates to hit ‘neutral’ level: IMF chiefCentral banks have to bring rates up because "when inflation runs high, that undermines growth, it hits the poorest parts of the population the hardest," says Kristalina Georgieva.WorldOct 26, 2022
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