Bank of Canada Half-Point Cut Triggered Worries Over Rate Expectations, Minutes Say
Some governing-council members expressed concern that the cut could lead to assumptions that the policy interest rate would ...
Some at Bank of Canada Feared Jumbo Cut Would Be Misunderstood
Some Bank of Canada officials worried cutting interest rates by half a percentage point would be misinterpreted as a sign of ...
Central bank considered smaller rate cut in October before settling on half point reduction
That’s according to the central bank’s summary of deliberations released Tuesday, which details the governing council’s ...
Rate Cuts to Soften Blow From Higher Mortgage Payments, Bank of Canada Official Says
Interest-rate cuts will gradually spur households in Canada to pick up spending once the impact from sharply higher mortgage ...
Money Metals Exchange6d
Gold Gone AWOL? The Curious Case of Foreign Central Banks’ Gold Stored in Canada
With gold re-establishing itself as the leading monetary reserve asset for central banks worldwide, the quantities of ...
Financial Post on MSN5d
Bank of Canada neutral rate could be 2.75%, survey finds
The financial market believes the Bank of Canada will cut its policy rate to 2.75 per cent by June 2025, before holding it ...
Bank of Canada worried jumbo rate cut would signal 'economic trouble,' deliberations show
Economic growth has slowed in the second half of this year, with gross domestic product coming in below the Bank of Canada’s ...
Vancouver17h
B.C. restaurant sector relishes reflationary rate cuts
He would also like the B.C. government to urge the arms-length WorkSafe BC agency to return all or part of its $2.1 billion ...
Bank of Canada had ‘strong consensus’ for October’s half-point rate cut
Members felt confident inflation pressures would continue to subside, according to a summary of rate-decision deliberations ...
The Canadian Press on MSN1d
What Trump’s election could mean for interest rates in Canada
Experts say Donald Trump’s election victory could shift interest rate policy in the U.S. as his promised policies risk higher ...
Canada’s unemployment rate holds steady at 6.5% in October, economy adds 15,000 jobs
The Canadian job market posted another weak hiring month in October as employers added a modest 15,000 jobs, but economists ...
Canada Weak Job Gains Keep Bigger December Cut a Toss-Up
Canada’s economy eked out a small employment increase, underscoring an ongoing labor-market softness that had already ...