The minutes cover deliberations leading up to the decision on Oct. 29 to cut the target rate by a quarter point to 2.25%.
Financial market participants believe the Bank of Canada will hold interest rates at their current level of 2.25 per cent ...
“With the majority of spending focused on long-term defence and infrastructure projects, today’s announcement increases the ...
Despite these challenges, Bloomberg reported that Statistics Canada reported that the economy added 66,600 jobs in October, ...
Below are some key quotes from a news conference by the Bank of Canada Governor Tiff Macklem and Senior Deputy Governor ...
Muddled picture of underlying inflation has economists expecting Bank of Canada will leave benchmark rate unchanged ...
Later decision could have allowed a better sense of the economy’s reaction to U.S. trade shifts as well as Ottawa’s budget ...
BENGALURU (Reuters) -The Bank of Canada will reduce its overnight interest rate by 25 basis points on October 29 for a second consecutive time to support a weak economy under threat from U.S. tariffs, ...
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Economists still expect a December hold, despite sticky core readings and ongoing pressure from shelter costs.
The Bank of Canada signaled on Wednesday that it could start hiking interest rates in late 2022, as it sharply boosted its ...