Rate Hikes

• Saskatchewan NDP pushes for emergency session over proposed rate hikes

  The Saskatchewan NDP said an emergency session must be called to tackle affordability issues, including proposed rate hikes on power and auto insurance.

  Consumer

  Jan 5
  
• Are rate hikes over? Market watchers give their forecast to Bank of Canada

  No further interest rate hikes are expected this cycle, according to the balance of respondents to a Bank of Canada market participants survey.

  Economy

  Nov 6, 2023
  
• Advertisement
• U.S. Fed holds interest rates steady but signals future hikes could be needed

  The move to leave its benchmark rate at about 5.4% suggests the Fed thinks it has time to wait and see its 11 rate hikes since March 2022 will continue to cool rising prices.

  U.S. News

  Sep 20, 2023
• Advertisement
• Surge in U.S. spending could force Fed off ‘pause’ in rate hikes

  Coupled with possible progress on a debt ceiling deal to avoid a catastrophic U.S. default, the data throws doubt on whether the Fed will indeed "pause" its rate-hike campaign.

  U.S. News

  May 26, 2023
• S&P/TSX composite swings back to losses, ends down more than 200 points

  "Today is back to the current environment, the new paradigm shift of sharp rate hikes by the Federal Reserve.”

  Economy

  Sep 29, 2022
• Freeland defends budget after Scotiabank accuses feds of ‘doing nothing’ on inflation

  One of Canada's biggest banks believes the Bank of Canada might not need to raise interest rates as high if the federal government limits its spending plans.

  Economy

  Jun 20, 2022
• Cost of N.B. real estate unlikely to drop despite rate hikes: economist

  New home owner Christophe Goulet-LeBlanc said he felt pressured to buy his Dieppe house in 2021 due to the unpredictability of the real estate market.

  Canada

  Jun 1, 2022
• Aggressive tone from central banks sends TSX to biggest 2-day drop since 2020

  A more aggressive tone about interest rate hikes from central banks in Canada and the U.S. sent North American stock markets sharply lower for a second day in a row.

  Economy

  Apr 22, 2022
• Advertisement
• Bank of Canada due for ‘oversized’ 50-basis-point interest rate hike: economist

  The Conference Board of Canada's Pedro Antunes says the economic forecast has never been harder to predict as the central bank gears up for an expected rate hike Wednesday.

  Economy

  Apr 12, 2022
• Advertisement
• Electricity bills set to go up in the new year: Manitoba Hydro

  The Public Utilities Board (PUB) approved Manitoba Hydro's request to raise rates, granting it a 3.6 per cent interim increase for the majority of 2022.

  Economy

  Dec 24, 2021