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The Bank of Canada may have cut interest rates too much and too quickly based on the persistence of core inflation in the ...
Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles ...
Rising inflation in June is solidifying economists’ calls that the Bank of Canada will stay on the sidelines at its next ...
BENGALURU (Reuters) - The Bank of Canada will hold interest rates at 2.75% on Wednesday as policymakers await further news on an economy that grew faster than expected last quarter, with at least ...
With the economy slowing and unemployment edging higher, the central bank is then expected to cut rates twice more in 2024, although only a slim majority of economists are forecasting a policy ...
The Bank of Canada on Wednesday held its key policy rate at 2.75 per cent, its first pause after seven consecutive cuts, and said the uncertainty around U.S. tariffs made it impossible to issue ...
The Bank of Canada once again held its key interest rate at 2.75%, the second pause after seven consecutive rate cuts.
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
In Canada, economic growth in the first quarter came in at 2.2 per cent, slightly stronger than the Bank had forecast, while the composition of GDP growth was largely as expected. The pull-forward of ...
Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.
The Bank of Canada’s aggressive December rate cut should add fuel to Canada’s re-ignited housing market.
The Bank of Canada once again hit the pause button on interest rate cuts, despite recent concerns of a recession in the face of U.S. tariffs.
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