Canada’s services economy continued a downward trend in September; activity and new business declined at accelerated rates, which was attributed to geopolitical uncertainty and expectations of lower interest rates. The headline Business Activity Index was 46.4, down from 47.8 in August and t...
Interest rates, at the top end of policymakers' neutral range, still have a ways to fall, say economists with Video12 Comments December 20, 2024News Expect Bank of Canada rate cut 'pause': Economists on the new inflation numbers But central bank's guidance for more gradual pace of reduction...
The Bank of Canada (BoC) recently announced another rise in interest rates, up to 4.5%, or up 25 basis points from 4.25% on December 7, 2022. While this is the smallest rise in interest over the past year, interest rates will stay high for the foreseeable future ...
Ultimately, the Bank of Canada maintained its key interest rate at 4.5 per cent on April 12 and decided in favour of waiting for more economic data to determine whether rates need to rise further. Bank of Canada wording on a Canadian $50 bill is pictured in Ottawa on Wednesday...
22 (Xinhua) -- The Bank of Canada announced Wednesday that it kept its benchmark interest rates steady at 1.75 percent, forecasting a slower-than-expected start for the Canadian economy in 2020. The central bank's rate target has been kept at 1.75 percent since October 2018. The bank ...
The Bank of Canada Wednesday announced to keep its interest rate unchanged at 1.25 percent, saying it remains cautious about its next rate move as it ponders various downside risks to the economy.
“As the effects of tighter monetary policy works through the economy, we will be assessing how much higher interest rates need to go to return inflation to target.” The Bank of Canada expects the economy to slow in the second half of this year as global demand weak...
OTTAWA — Canadians should expect interest rates will climb even higher, the Bank of Canada said Wednesday after announcing another supersized interest rate hike.
The Bank of Canada cut interest rates by 50 basis points on Dec. 11, 2024. Here's what economists think it will do in 2025. Find out more.
Canada 10 Year Benchmark Bond Yield is at 3.00%, compared to 2.96% the previous market day and 3.50% last year. This is lower than the long term average of 4.26%. The Canada 10 Year Benchmark Bond Yield is the yield received for investing in a Canadian government issued bond with a ...