Interest Rates
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What the U.S. Fed hiking rates means for the loonie and for borrowersThe U.S. Federal Reserve hiked interest rates for the first time in three years on Wednesday, and several economists say this could add pressure on the Bank of Canada.ConsumerSep 17
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U.S. Fed hikes interest rate for 1st time in 3 years, defying TrumpThe Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation.EconomySep 16
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Why are rising bond yields spurring alarm? And what do they mean for you?Consumers could be facing higher borrowing costs for longer as bond markets are once again signalling rising economic risk to the finance and investing community.ConsumerSep 11
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Bank of Canada holds key rate at 2.25 per cent once againMonetary policymakers at the Bank of Canada use the policy rate to keep a lid on inflation and support economic growth when prices are contained.CanadaSep 2
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Why spiking U.S. bond yields could be a big warning for the economyExperts say a sharp rise in U.S. bond yields this week was a major warning sign about inflation, interest rates and economic uncertainty.EconomyJul 31
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U.S. Fed holds interest rate despite some dissents as inflation persistsThe Fed’s rate-setting committee reached its decision after two days of deliberations, marking the fifth straight meeting at which the benchmark rate was kept at around 3.6%.U.S. NewsJul 29
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Bank of Canada holds rates at 2.25% as Iran war risks future hikesGovernor Tiff Macklem at the Bank of Canada warned that interest rates may need to rise if the war in Iran leads to persistent inflation in Canada.EconomyJul 15
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U.S. Fed holds interest rate again in 1st move under new chairThe U.S. Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank’s policymakers said they could support a rate hike later this year.U.S. NewsJun 17
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Canada’s economy is weak, but ‘not clearly in recession,’ Macklem saysGovernor Tiff Macklem at the Bank of Canada said Wednesday that the economy is weak, but "not clearly in recession" after the central bank left interest rates unchanged.EconomyJun 10
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As consumers struggle, should the Bank of Canada hike, hold or cut rates?Several economists believe the Bank of Canada is more likely to raise borrowing rates in the coming months than provide a cut.EconomyJun 8
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