Forecasters are widely expecting the central bank to hold its key interest rate steady as the economy weakens and inflation slows.
In Canada, there is growing evidence that past interest rate increases are dampening economic activity and relieving price pressures. Consumption has been ...
After raising its benchmark lending rate 10 times since last year, the Bank of Canada has now held the rate steady for two meetings in a row, ...
The Bank of Canada held its key interest rate steady at five per cent, but hasn't ruled out future rate hikes as price pressures remain high.
This slowdown means supply and demand in the Canadian economy are โnow approaching balance,โ the central bank said โ a prerequisite for stabilizing prices. At ...
The Bank of Canada's decision to keep its overnight lending rate on hold at an elevated level is driving some investment professionals to move money into ...
The Bank of Canada held its overnight rate at 5 per cent on Wednesday, as Canada's economy continues to slow and indications that supply and demand are now ...
The Bank of Canada held its overnight rate at five per cent on Wednesday, as Canada's economy continues to slow and there are indications that supply and ...
Bank of Canada Governor Tiff Macklem says they are leaving the door open to further interest rate increases, i...
TD Bank economist predicts no more rate hikes and rates should start coming down next summer.
Bank of Canada Governor Tiff Macklem says he knows Canadians feel financially squeezed by aggressive interest rate hikes, but insists doing nothing to curb ...