Bank Of Canada Rate Decision
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Bank of Canada’s latest rate hikes are signs it made a ‘mistake’: analystsThe fact that the BoC hiked not once, but twice after announcing the pause is evidence that it knew there was ground to be made up, one analyst said.EconomyJul 17, 2023
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Canadians may see a 0.5% interest rate hike this week thanks to ‘persistent’ inflationThe rising cost of living will likely push the Bank of Canada towards a second consecutive interest rate hike of 50 basis points, economists predict.EconomyMay 30, 2022
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Bank of Canada holds key rate, warns high inflation to persist into 2022The Bank of Canada also warns that high inflation rates will continue through the first half of next year.EconomyDec 8, 2021
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Bank of Canada signals rate hikes could come sooner than previously expectedThe Bank of Canada is keeping its key interest target on hold at 0.25 per centCanadaOct 27, 2021
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Food prices rose nearly 4% in September. These products saw the biggest jumpAre higher food prices here to stay? Economists say that's the million-dollar question and the answer will depend on how long supply chain disruptions last.EconomyOct 20, 2021
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Bank of Canada keeps rates at 0.25%, warns of negative growth in early 2021Canada's central bank said it expects the economy to contract in the first three months of the year.MoneyJan 20, 2021
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Markets bet on Bank of Canada ‘micro rate cut’ amid tightening coronavirus restrictionsThe Bank of Canada has ruled out negative interest rates, so further easing would likely be a so-called "micro rate cut" of less than 25 basis points.EconomyJan 12, 2021
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Bank of Canada holds rate at 1.75%, says Canada’s ‘resilience’ will be ‘tested’Unlike other advanced economies, Canada is not cutting interest rates just yet. But our resilience in the face of a slowing global economy will be 'increasingly tested,' the central bank said.MoneyOct 30, 2019
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Bank of Canada leaves key interest rate unchanged at 1.75%Canada's central bank cited concerns about both the global economy and the domestic economic environment.MoneyMar 6, 2019
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