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 ...
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 ...
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 ...
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 ...
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 ...
Bank of Canada says it is starting to see impact of recent rate cuts
The Bank of Canada will be able to cut interest rates again to support demand and keep inflation on target if the economy ...
Canada's economy stalls in August; central bank's Q3 growth forecast in doubt
Canada's economy is likely to miss the Bank of Canada's revised third-quarter forecast after a slew of temporary factors stalled gross domestic product growth in August, data showed on Thursday, at a ...
Financial Post on MSN9d
'Arguing for bigger rate cuts': What lagging GDP might mean to the Bank of Canada
An advance estimate from Statistics Canada forecasts September GDP rose 0.3 per cent month over month, while a flat reading ...
Financial Post on MSN9d
Posthaste: Why the Bank of Canada keeps overshooting on GDP forecasts and what it means for interest rates
The third quarter has been a real thorn in the side of the Bank of Canada when it comes to trying to pin down gross domestic ...