Bank of Canada slashes rates amid tariff chaos
3/12/2025 | Posted in Interest Rates by Jessi Sandhu
The central bank has cut rates as Trump's trade war continues - and more reductions could be ahead.
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BoC now expected to slash rates further as trade crisis escalates
3/5/2025 | Posted in Interest Rates by Jessi Sandhu
The Bank of Canada is now likely to cut interest rates at each of its next four announcements as the Canadian economy reels from the impact of Donald Trump’s tariffs, ... More
Canadian fixed, variable mortgage rates could tumble in trade war
3/5/2025 | Posted in Interest Rates by Jessi Sandhu
Trudeau says Trump is using the tariffs to destroy the Canadian economy and annex Canada as political leaders and economists weigh in on the growing crisis. As a result, the ... More
Interest rate cut becomes almost certain as Trump confirms tariffs
3/3/2025 | Posted in Interest Rates by Jessi Sandhu
Loonie plummets, stocks fall, but maybe some relief for mortgage borrowers
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Five of six Canadian banks predict sharper rate cut as inflation slows
10/21/2024 | Posted in Interest Rates by Jessi Sandhu
Five of Canada's biggest banks are now expecting a larger-than-usual interest rate cut from the Bank of Canada after inflation numbers came in lower than anticipated.
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Rate cut showdown: 25 or 50 bps? Economists split on Bank of Canada's next move
10/11/2024 | Posted in Interest Rates by Jessi Sandhu
Strong employment results for September have tempered Bank of Canada rate cut expectations for later this month.
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The Bank of Canada is expected to cut rates again, with U.S. Fed on deck
9/3/2024 | Posted in Interest Rates by Jessi Sandhu
The Bank of Canada is widely expected to deliver a third consecutive interest rate cut on Wednesday as inflationary forces continue to cool on both sides of the Canada-United ... More
We could reach 2% inflation by this summer: National Bank
2/28/2024 | Posted in Interest Rates by Jessi Sandhu
Could Canada’s headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada’s own forecasts?
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The Bank of Canada's latest move may signal higher rates
2/10/2024 | Posted in Interest Rates by Jessi Sandhu
BoC's cash-management tool reboot suggests no easing on the horizon, surprising markets
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Fixed mortgage rates in Canada resume their decline amid economic volatility
2/3/2024 | Posted in Interest Rates by Jessi Sandhu
After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down.
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BoC set to leave rate unchanged in January, says RBC
1/19/2024 | Posted in Interest Rates by Jessi Sandhu
The Bank of Canada is likely to leave its overnight rate unchanged in its first decision of 2024, according to new forward guidance by the Royal Bank of Canada.
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Big banks slash mortgage rates this week to reflect lower bond yields in Canada
1/12/2024 | Posted in Interest Rates by Jessi Sandhu
Nearly all of the country’s big banks slashed their advertised fixed mortgage rates this week, in some cases by as much as 70 basis points (or 0.70%).
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Bank of Canada holds key rate steady at 5 per cent, says economy is weakening
9/6/2023 | Posted in Interest Rates by Jessi Sandhu
The Bank of Canada held its key interest rate steady at five per cent today, citing recent evidence that suggests the economy is weakening.
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Sustained low interest rates no longer possible, says former BoC governor
9/4/2023 | Posted in Interest Rates by Jessi Sandhu
This is despite a projected slight drop in the BoC’s policy rate by the end of 2024 or early 2025
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Another rate hike coming, say Big Six banks
7/7/2023 | Posted in Interest Rates by Jessi Sandhu
All six of Canada’s main commercial lenders now expect the Bank of Canada to raise interest rates next week after the country’s labor market tripled expectations in ... More
6/6/2023 | Posted in Interest Rates by Jessi Sandhu
After hitting pause on rates, growing speculation the bank is ready to hike again
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Lenders - including some big banks -are hiking fixed mortgage rates again
5/29/2023 | Posted in Interest Rates by Jessi Sandhu
The past two weeks have seen a flurry of mortgage rate increases at mortgage lenders, including several of the Big 6 banks.
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Growing number of economists predicting another imminent BoC rate jump
5/23/2023 | Posted in Interest Rates by Jessi Sandhu
Housing market growth and persistent inflation challenges are hardening expectations of an increase
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Bank of Canada announces interest rate decision
10/30/2019 | Posted in Interest Rates by Jessi Sandhu
The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%.
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Bank of Canada reveals latest interest rate decision
9/4/2019 | Posted in Interest Rates by Jessi Sandhu
The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy.
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