The Bank of Canada’s 50-basis point rate cut will lower variable mortgage rates, but it won’t change the game for most home buyers. The Bank of Canada’s first three whacks at the overnight ...
An analysis by Capital Economics reckons the United States, United Kingdom and Australia will cut ...
Over time, the BoC cut rates and the prime rate was down to 8.25% in March 1987 before gradually rising back to 13.5% by the end of 1989. Canada’s economy continued to remain strong and the BoC ...
Interest-rate cuts will gradually spur households in Canada to pick up spending once the impact from sharply higher mortgage ...
Some governing-council members expressed concern that the cut could lead to assumptions that the policy interest rate would ...
OTTAWA (Reuters) - Canada's annual inflation rate slowed more than expected to 1.6% in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week.
Rates markets show traders fully expect the Bank of Canada to lower rates ... fully price further back-to-back cuts in November, December and January. A line chart that compares key inflation ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. With their announcement on October ...
After the release, traders in overnight swaps upped their bets that the Bank of Canada will opt for a larger rate cut at next week’s decision, putting the odds of a half-percentage-point ...
Four easing cycles have seen the Bank of Canada deliver larger than 25 basis point rate cuts at a time: 2001, after the US dot-com bubble and Sept. 11 attacks; during the global financial crisis; in ...
The Bank of Canada cut its overnight rate to 3.75% on Wednesday, its lowest level since December 2022. Here’s what economists and investors are saying about it. While the Bank is hinting that ...