Thefutures market’s betting, from the CME Group, now leans toward four quarter-point cuts in 2024, with the benchmark fed funds rate finishing in a range of 4.25% to 4.50% by year-end, with the first cut coming in June. As recently as early January, the market had targeted six cuts...
Date Published: October 23, 2024Category: Canada Data Commentary Government Finance & Policy Share this: Bank of Canada accelerates rate cuts, points to greater confidence in inflationThe Bank of Canada (BoC) cut its overnight rate by 50 basis points, to 3.75%, while stating that it will ...
TheBank of Canadaovernight rate started 2023 at 4.25 per cent and will finish the year at five per cent, for a rise of 0.75 per cent after a rise of four per cent in 2022. I believe we will see a two per cent decline in rates by the end of 2024, back to an overnight rate of...
The Bank of Canada (BoC) announced on July 24, 2024 that it would be cutting its overnight lending rate to 4.5%, following a similar .25% cut in June. TD Economics believes the BoC is now in a “phase of rate cuts” and that the central bank will gradually reduce rates throughout ...
The Bank of Canada cut its key interest rate by 50bps to 3.75% in its October 2024 decision, as expected, signaled that it will continue to lower its rate should the economy develop as expected. The decision increased the pace of rate cuts following three 25bps slashes, aligning with recen...
though. The number transactions in August was still 15% short of the volume recorded just before the pandemic. We expect the recent rising trends to persist in the near term as the Bank of Canada cuts rates further and supply-demand conditions stay in balance (if marginally tight). In...
https://www.cp24.com/news/economists-expect-july-inflation-data-to-set-the-stage-for-more-rate-cuts-1.7004945 https://financialpost.com/real-estate/mortgages/mortgage-rates/lowest-mortgage-rates-canada https://dailyhive.com/vancouver/income-vancouver-home-rate-cut-august-2024...
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June’s inflationary pressures easing in Canada and the US signals possible rate cuts next week, providing some immediate relief to Canadian borrowers holding variable and adjustable mortgages. Canadian bond yields continue to lower due to pressures from US yields, which could lead to lower fixed mo...
2024年8月美国新增非农就业人数低于预期,教育和保健服务以及休闲酒店业是主要贡献行业。新增非农前值下修,美国就业市场继续降温,但当前就业市场在历史周期中仍然偏紧,7月飓风影响消退,目前就业市场走弱幅度不至于导致美国经济衰退。联储对美国就业市场的判断不依赖单一的失业率,近期失业率受劳动力供给影响较大,黄金年龄段...