‘Tough’ 6-12 months ahead for Canadians amid inflation, rate hikes: expert
As Canadians face a double whammy of skyrocketing inflation and the largest interest rate hike seen in 24 years, one expert is warning that prices
‘Tough’ 6-12 months ahead for Canadians amid inflation, rate hikes: expert
As Canadians face a double whammy of skyrocketing inflation and the largest interest rate hike seen in 24 years, one expert is warning that prices
Bank of Canada targets inflation expectations with full percentage point rate hike
The Bank of Canada signaled a more aggressive approach to bringing skyrocketing inflation back under control as it announced the largest single rate increase since
Economists expect Bank of Canada to hike key interest rate by 0.75% on Wednesday
The Bank of Canada raised its key interest rate by half a percentage point on June 1, bringing it to 1.5 per cent. Since then,
Bank of Canada likely to mirror 0.75% Fed hike next month: economists
The U.S. bank authority announced the Wednesday move will shift the country’s benchmark rate to a range between 1.5 per cent and 1.75 per cent
Bank of Canada says economy can handle higher rates despite household debt risks
High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can handle the rising interest rates needed
BoC’s Gravelle says “perfect storm” fueling inflation, but key differences from ’70s
Inflation is at a multi-decade high, but the situation is different than the 1970s when high inflation was combined with high levels of joblessness and
Economy gains momentum with 1.1% GDP growth in February, best month since March 2021
The Canadian economy surged ahead in February as pandemic-related restrictions eased, fuelling expectations by economists that the Bank of Canada will opt for another oversized
Key interest rate could soon go up another half percentage point, central bank says
The governor of the Bank of Canada is signalling Canada’s key interest rate could go up another half percentage point in June to help wrestle
Bank of Canada governor Tiff Macklem says he won’t ‘rule anything out’ on rates
He wouldn’t rule out pushing rates beyond 50 basis points all in one sitting, after moving to lift rates by that amount to one per
UPDATED: Bank of Canada raises key rate half a point to 1% and warns of further hikes to come
The Bank of Canada raised its key interest rate by the highest amount in more than 20 years and warned more rate hikes are
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