BMO chief economist Doug Porter sees some signs that the Bank of Canada won’t be as aggressive with cuts as expected, ...

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 ...

Capital’s chart suggests the economies of Canada, the eurozone and Japan are operating below ... “The bank expects the economy to strengthen on the back of further planned rate cuts, and any threat to ...

Canada’s unemployment rate was up 170 bps to ... in the COVID economic shock of 2020 (see chart on the left); and now, in 2024. See Bank of Canada’s Deeper Cut Aims to Reignite a Sluggish ...

BoC cuts interest rates by 50 bps, meeting broad-market expectations. Canada’s main interest rate ... and the USD/CAD chart is set to rechallenge the 1.3900 handle in the coming days.

The Bank of Canada delivered a supersized interest rate cut Wednesday in response to the recent decline in inflation, bringing its key policy rate down by half a percentage point.

Equity markets have been posting strong gains this year, especially as the U.S. Fed and Bank of Canada deliver large interest ...

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 ...

(Bloomberg) -- The Bank of Canada is likely to make a jumbo cut to interest rates, acknowledging that borrowing costs should fall more quickly as inflation wanes and economic growth stagnates.

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 ...