7/24/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada cut its benchmark interest rate by a quarter of a percentage point on Wednesday, the second straight reduction in the central bank’s easing cycle. ... More

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  7/16/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Experts speculate the Bank of Canada may cut rates next week following a larger-than-expected slowdown in the country’s inflation rate in June. ... More

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  6/23/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Economists are forecasting inflation slowed further in May, which would be welcome progress for the Bank of Canada after it cut its key lending rate for the first time in four ... More

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  6/5/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic. ... More

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  5/30/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada will trim interest rates to 4.75% on June 5, according to three-quarters of economists in a Reuters poll which showed three further cuts this year, with the ... More

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  5/21/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Canada's headline inflation rate continued to ease in April, leaving the door open to a Bank of Canada rate cut next month. ... More

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  5/2/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Economic stagnation prompts the Bank of Canada to plan a rate cut in June, contrasting with the US Federal Reserve's strategy ... More

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  4/30/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Canada’s quarterly gross domestic product edged up 0.2% in February, suggesting the Bank of Canada may have a reason to cut rates in the summer. ... More

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  4/10/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada (BoC) today announced its key interest rate decision, electing to hold rates steady at five per cent. ... More

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  4/8/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada is widely expected to keep its key overnight rate on hold Wednesday, as it gathers more evidence of cooling inflation before delivering its first interest rate ... More

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  4/3/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Economists question their forecasts as inflation expectations challenge anticipated rate cuts ... More

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  3/19/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Economists widely expect central bank to start cutting rates in June ... More

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  3/19/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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'I hope they're not tepid,' says expert about BoC's upcoming decisions ... More

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  3/9/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada elected to hold interest rates steady at 5 per cent. ... More

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  3/4/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts ... More

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  2/20/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Canadian consumer prices eased at the start of this year, with progress on underlying pressures likely to give the Bank of Canada more room to start considering rate cuts in the ... More

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  2/9/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More

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  2/5/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by April. ... More

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  1/31/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Canada’s economy outperformed growth expectations to end the year, which means the Bank of Canada could feel less pressure to start cutting rates in the near term, ... More

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  1/24/2024 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada has left its policy rate unchanged in its first announcement of the year, keeping rates where they are for a fourth straight decision but giving little ... More

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  12/15/2023 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the two per cent target, but ... More

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  11/20/2023 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Without that boost in spending, the central bank’s key overnight lending rate would be about 3 per cent instead of the current 5 per cent, according to Scotiabank ... More

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  11/9/2023 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada’s No. 2 official urged preparation for interest rates staying elevated for longer. ... More

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  11/7/2023 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Experts are anticipating the BoC benchmark interest rate to retreat to 4% by the end of next year ... More

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  11/3/2023 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Canada’s unemployment rate ticked up two basis points to 5.7% in October, suggesting the Bank of Canada can now remain “firmly on the sidelines,” economists say. ... More

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  11/1/2023 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Bank of Canada governor Tiff Macklem says the central bank held its key interest rate at five per cent in part because of the effect a wave of upcoming mortgage renewals is ... More

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  10/25/2023 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada delivered its second straight rate hold today, but signalled that it remains concerned about inflationary risks and price pressures. ... More

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  9/1/2023 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end. ... More

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  7/15/2023 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada hiked interest rates again this week in response to persistently high inflation, prompting questions about the role of mortgages in the ongoing battle with high ... More

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