Bank of Canada expected to cut interest rates again: here’s why
The Bank of Canada is expected to lower its key interest rate by 25 basis points on Wednesday, as mounting trade tensions and political uncertainty weigh on the country’s economic outlook. With potential US tariffs on Canadian goods looming and both federal and provincial elections on the horizon,
Odds of Bank of Canada interest rate cut in March drop after jobs beat
Canada’s jobless rate has fallen for two consecutive months, as it dropped to 6.8 per cent in December from a recent peak of 6.9 per cent in November. Prior to that, the unemployment rate had been on a steady rise from a post-pandemic low of 4.6 per cent in July 2022.
Top Bank of Canada officials speak after latest interest rate cut
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 basis points to 3%.
Bank of Canada cuts key interest rate again
The Bank of Canada cut its key policy rate by 25 basis points on Wednesday, bringing it to three per cent. On Wednesday morning, the Bank of Canada announced it reduced its target for the overnight rate to three per cent,
Bank of Canada cuts interest rates: Read the official statement
Here’s the Bank of Canada’s official statement for its rate decision:
Bank of Canada cites Trump tariff threats in decision to cut key interest rate to 3%
Bank of Canada governor Tiff Macklem said that there is not much central bankers can do to offset the economic consequences of a trade war with the U.S.
Opinion
REAL ESTATE INSIGHTS: Bank of Canada’s latest rate drop: What it means for you
If you’re picking up this column for the first time, welcome! If you’re a long-time reader of the Winnipeg Sun , you might already know me — I spent years working behind the scenes in media sales and marketing before making the leap into real estate.
Yen hits 8-week high, sterling drops after Bank of England rate cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling slid as the Bank of England cut rates.
Bank Of England Cuts Key Interest Rate As Pound Drops And Stocks Rally
The Bank of England (BoE) lowered its key interest rate by 25 basis points to 4.5% on Thursday, marking the third cut since the easing cycle began in August last year. The widely expected move reflects progress in curbing inflation,
Bank of England cuts rates as it sees weaker growth and inflation spike
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation will prove temporary, while two officials unexpectedly voted for an outsized rate cut.
Bond Traders Add Wagers on Emergency Rate Cut by Bank of Canada
Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of ...
Bank of Canada cuts rates as it warns trade war 'would badly hurt economic activity in Canada'
“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher ...
Interest rates LIVE: Bank of England decision due today for millions of households with a mortgage
The Mirror will be posting regular live updates ahead of the latest Bank of England interest rates decision, which is due at ...
Bank of Canada to Downsize Cuts as Tariffs Brew: Decision Guide
The Bank of Canada is likely to cut interest rates by a quarter percentage point on Wednesday as officials lay out their ...
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10 steps to take with the Bank of Canada interest rate change: How 1.2 million mortgage holders can prepare
How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners ...