Bank Of Canada Rate Decision

• Canadians may see a 0.5% interest rate hike this week thanks to ‘persistent’ inflation

  The rising cost of living will likely push the Bank of Canada towards a second consecutive interest rate hike of 50 basis points, economists predict.

  Economy

  May 30, 2022
  
• Bank of Canada holds key rate, warns high inflation to persist into 2022

  The Bank of Canada also warns that high inflation rates will continue through the first half of next year.

  Economy

  Dec 8, 2021
  
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• Bank of Canada signals rate hikes could come sooner than previously expected

  The Bank of Canada is keeping its key interest target on hold at 0.25 per cent

  Canada

  Oct 27, 2021
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• Food prices rose nearly 4% in September. These products saw the biggest jump

  Are 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.

  Economy

  Oct 20, 2021
• Bank of Canada keeps rates at 0.25%, warns of negative growth in early 2021

  Canada's central bank said it expects the economy to contract in the first three months of the year.

  Money

  Jan 20, 2021
• Markets bet on Bank of Canada ‘micro rate cut’ amid tightening coronavirus restrictions

  The 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.

  Economy

  Jan 12, 2021
• 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.

  Money

  Oct 30, 2019
• 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.

  Money

  Mar 6, 2019