Macklem says interest rate cut in June possible after holding policy rate once again
Bank of Canada governor Tiff Macklem says the central bank could begin lowering its key interest rate at its next decision in June after deciding
Macklem says interest rate cut in June possible after holding policy rate once again
Bank of Canada governor Tiff Macklem says the central bank could begin lowering its key interest rate at its next decision in June after deciding
BoC expects to cut interest rates this year, governing council split on timing: deliberations
The Bank of Canada expects it will be able to begin cutting interest rates sometime this year, but officials are split on timing.
Economists expect inflation rate ticked up above 3% last month amid higher gas prices
Economists say inflation likely flared up again in February amid higher gasoline prices, reinforcing the expectation that the journey back to two per cent inflation
Ottawa home sales rise 15% in February, but ‘affordability remains out of reach for many’: OREB
Ottawa home sales rose 15 per cent in February compared with the same month a year ago, the Ottawa Real Estate Board said Wednesday, but
Tight-lipped Bank of Canada holds key interest rate at 5%, says it’s too early to cut rates
The central bank announced its interest rate decision Wednesday as economists widely expected no change in the policy rate.
‘Very pleasant surprise’: Canada’s inflation rate tumbles to 2.9 per cent in January
Canada’s annual inflation rate fell to 2.9 per cent last month, marking a sharper deceleration in price growth than expected by forecasters.
Rate cut timing ‘difficult to foresee’ amid inflation pressures: BoC deliberations
The Bank of Canada isn’t sure when it will be able to start cutting interest rates as it continues to contend with inflation that’s still
Don’t look to the BoC to solve Canada’s housing and economic woes, Macklem says
Bank of Canada governor Tiff Macklem is laying out the limits of monetary policy as he warns the central bank can’t solve problems such as
Economic bounceback at the end of 2023 could push back rate cuts, economists say
Canada’s economy appears to have ended 2023 on a stronger note than expected, which economists say could push back the timeline for interest rate cuts this year.
Bank of Canada holds key interest rate at 5%, signals shift toward rate cut talks
The Bank of Canada held its key interest rate at five per cent today and signalled it has begun discussing when it should start cutting
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