Although the market seems to have priced a similar trajectory of interest rate cuts between the Bank of Canada and the Federal Reserve, Pacific Investment Management Corporation (PIMCO) believes that since the Canadian economy has always been weak, the Bank of Canada will cut interest rates faster...
Bank of Canada urged to move 'aggressively' on interest rate cuts Enough evidence for Bank of Canada to cut interest rates in April: Desjardins Business insolvency filings highest in years Advertisement 2 Advertisement This advertisement has not loaded yet, but your article continues below. Trendi...
Bank of Canada cuts interest rates by half a percentage point to 3.5 percentROB GILLIES
Ray Wong, another vice-president at Altus Group, added that the Bank of Canada’s rate cut reflects broader concerns about the economy’s health. “When a large cut, like this one, is announced, it demonstrates a concern that consumers are running out of gas and that the Bank of Canada ...
The Bank of Canada’s (BoC) decision to cut interest rates by 50 basis points (bps) today, however, reflects concerns about a slowing economy and the risks of deflation. Currently, the economy is experiencing more supply than demand and prices are falling. Still, employment growth i...
Canada is nearing its inflation target rate, with its Consumer Price Index (CPI) at 2.5 per cent. Lowering mortgage rates would close the remaining CPI gap, bringing it to 2 per cent. "When inflation is somewhat troubling, and interest rates are already moderate, you need a lot of economic...
Canada's economy grew at an annualized rate of just 1% in the third quarter, less than the Bank of Canada had predicted. The bank said fourth-quarter growth might be weaker than expected, and that planned reductions in immigration levels could cause 2025 growth to also fall short of...
"Inflation below the Bank of Canada's 2% target, accompanied by slow economic growth, a decrease in the unemployment rate, and the impending tariff threat from the Trump administration are likely reasons for the cut in the policy rate. However, the potential capital flight due to the Federal ...
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The central bank cut its overnight lending rate by a half a percentage point, to 3.25 per cent, the fifth such decrease this year