Bank of Canada Half-Point Cut Triggered Worries Over Rate Expectations, Minutes Say
Some governing-council members expressed concern that the cut could lead to assumptions that the policy interest rate would ...
Rate Cuts to Soften Blow From Higher Mortgage Payments, Bank of Canada Official Says
Interest-rate cuts will gradually spur households in Canada to pick up spending once the impact from sharply higher mortgage ...
Central bank considered smaller rate cut in October before settling on half point reduction
That’s according to the central bank’s summary of deliberations released Tuesday, which details the governing council’s ...
Bank of Canada worried jumbo rate cut would signal 'economic trouble,' deliberations show
Economic growth has slowed in the second half of this year, with gross domestic product coming in below the Bank of Canada’s ...
Financial Post on MSN11d
Posthaste: Why the Bank of Canada keeps missing on growth forecasts and what it means for interest rates
The third quarter has been a real thorn in the side of the Bank of Canada when it comes to trying to pin down gross domestic ...
Financial Post on MSN8d
Bank of Canada neutral rate could be 2.75%, survey finds
The financial market believes the Bank of Canada will cut its policy rate to 2.75 per cent by June 2025, before holding it ...
Money Metals Exchange9d
Gold Gone AWOL? The Curious Case of Foreign Central Banks’ Gold Stored in Canada
With gold re-establishing itself as the leading monetary reserve asset for central banks worldwide, the quantities of ...
Some at Bank of Canada Feared Jumbo Cut Would Be Misunderstood
Some Bank of Canada officials worried cutting interest rates by half a percentage point would be misinterpreted as a sign of ...
Canada's economy stalls in August; central bank's Q3 growth forecast in doubt
Canada's economy is likely to miss the Bank of Canada's revised third-quarter forecast after a slew of temporary factors stalled gross domestic product growth in August, data showed on Thursday, at a ...
Sudbury Star8d
David Rosenberg: Tighter immigration targets could tip Bank of Canada rate below 2%
The Government of Canada estimates its new policy will close the housing ... getting to “neutral” or even below that level is ...
Bank of Canada had ‘strong consensus’ for October’s half-point rate cut
Members felt confident inflation pressures would continue to subside, according to a summary of rate-decision deliberations ...