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 ...
Here's what Trump's victory could mean for interest rates in Canada
The Bank of Canada began cutting rates before the Fed as the Canadian economy weakened faster and more significantly under the weight of rate hikes meant to fight inflation. “I think the divergence in ...
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 ...
The Canadian Press on MSN1d
What Trump's election could mean for interest rates in Canada
Experts say Donald Trump’s election victory could shift interest rate policy in the U.S. as his promised policies risk higher inflation, which could ultimately have implications for Canadian rates and ...
Supersize me? What the jobs numbers mean for the Bank of Canada and interest rates
The numbers provide one piece of the puzzle that the Bank of Canada is assembling to decide whether to supersize the next ...
Bank of Canada says it is starting to see impact of recent rate cuts
The Bank of Canada will be able to cut interest rates again to support demand and keep inflation on target if the economy ...
The Western Producer9d
More interest rate cuts expected after recent reduction
The Bank of Canada reduced its key benchmark rate by 50 basis points last week to 3.75 per cent, its first bigger-than-usual ...
Bank of Canada members do not see need for interest rate to be as restrictive, minutes show
The Bank of Canada's governing council felt its key borrowing cost was not needed to be as restrictive ahead of its Oct. 23 ...
Bank of Canada’s Macklem Tells Lawmakers More Rate Cuts Coming to Support Growth
The policymaker said he expects to deliver further cuts in interest rates to revive a “soft” economy and keep inflation close ...
David Rosenberg: Tighter immigration targets could tip Bank of Canada rate below 2%
From an inflation perspective, the implications of stemming ... targets are more likely to cause a reduction in the so-called ...
The Associated Press on MSN2d
U.S. Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
This would make it less likely that the Fed would continue cutting its key rate. Annual inflation as measured by the central ...
Bank of Canada ready for another half-point rate cut if warranted, Macklem says
Governor Tiff Macklem says the bank’s recent interest rate cuts are starting to feed through into the economy, with an uptick ...