The Bank of Canada's target overnight lending rate is 3.25%. The central bank's latest rate decision on Dec. 11 was to lower its overnight lending rate from 3.75% to 3.25%. The next interest rate decision will be made on Jan. 25. Here is the latest da...
Interest rate call to come amid tough economy--OTTAWA - Regardless of the direction Stephen Poloz...Blatchford, Andy
OTTAWA (Reuters) -The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday to help address slower growth, though Governor Tiff Macklem indicated that further cuts would be more gradual and said he does not expect a recession. Canada's economy has been...
The Bank of Canada (BoC) cut its overnight rate by 50 basis points, to 3.25%, while stating that it will continue with Quantitative Tightening (QT). The bank highlighted that economic growth has been weaker than they expected, stating that "the economy grew by 1% in the third quarter,...
OTTAWA (Reuters) - The Bank of Canada's annual economic growth forecast is overly optimistic, economists said, and another large interest rate cut this year will likely be required to boost growth. Economists widely expected the BoC to lower its annual gross ...
Investors Look to Bank of Canada Rate Decision, Earnings and Eurozone Downgrade Worries: Bank of Canada, Earnings on Investor RadarTORONTO - Traders will be looking to the Bank of Canada this week for clues as to when the...Morrison, Malcolm...
TheBank of Canadais set to make its nextinterest ratedecision on Wednesday, with most economists predicting a jumbo 50-basis-point cut. Article content Article content “Markets have thrown down their 50-basis point chip on the poker table, betting that the Bank of Canada will deliver an inte...
The Bank of Canada will announce its interest rate decision this morning as economists widely expect the central bank to opt for a quarter percentage point rate hike. The Bank of Canada is shown in Ottawa on Tuesday, July 12, 2022. THE CANADIAN PRESS/Sean Kilpatrick ...
Finder regularly polls economists, analysts, professors and industry experts to forecast the Bank of Canada’s next interest rate decision. Here are the most recent overnight rate predictions from Finder’s economic expert panel: Murshed Chowdhury, Associate Professor ...
Bank of CanadagovernorTiff Macklemsaid market participants who interpret his decision to take a break from raisinginterest ratesas a prelude to cuts might be getting ahead of themselves. Macklem used a speech in Quebec City on Feb. 7 to reiterate that the central bank would be taking a condi...