Bank of Canada governor says rate hikes are working but it needs to stay the course
The Bank of Canada expects to see a clear pullback in inflation by the spring, but it isn’t taking any chances in its efforts to
Bank of Canada governor says rate hikes are working but it needs to stay the course
The Bank of Canada expects to see a clear pullback in inflation by the spring, but it isn’t taking any chances in its efforts to
BoC expected to end year off with one more rate increase, likely to pause hikes soon
Forecasters anticipate the central bank will raise its key interest rate, which is currently at 3.75 per cent, by either a quarter or half a
Long term rate hikes effects will be ‘more powerful’ than people think: Poloz
Speaking at a conference hosted by Western University’s Ivey Business School in Ottawa on Thursday, the former governor warned today’s economy is more sensitive to
Inflation relief measures should be well targeted and temporary, says Macklem
The federal government along with provincial governments have responded to high inflation with measures aimed at softening the blow on Canadians’ finances.
Canadians, economists alike saw little relief from inflation in October: forecasters
Inflation has been heading lower in recent months, but Canadians likely haven’t noticed as gas prices went up and grocery costs continued to soar last
Canada’s low unemployment rate is unsustainable, contributing to inflation: Macklem
Canada’s low unemployment rate is not sustainable and is contributing to decades-high inflation, Bank of Canada governor Tiff Macklem said during a speech in downtown
Bank of Canada raises interest rate by half percentage point, says more hikes to come
Economists were split on whether the Bank of Canada would go with half or three-quarters of a percentage point hike ahead of today’s decision.
Bank of Canada expected to raise interest rates on Wednesday as recession fears grow
Wednesday’s announcement would make it the sixth consecutive time the Bank of Canada raises interest rates this year in response to decades-high inflation.
BoC expected to raise interest rate for fifth time at pivotal moment for economy
Inflation appears to have peaked, but it’s still running hot, and a supersized rate hike from the Bank of Canada next week is widely expected.
Slowing inflation not enough to prevent September interest rate hike, economists say
The inflation rate hit a nearly 40-year-high of 8.1 per cent in June, but economists were widely expecting inflation to have since slowed.
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