Our opinions are our own. The prime rate is a base rate set by financial institutions in Canada to determine the variable interest rates they can charge on lending products, such as mortgages and ...
Starting in February 2024, prices in the overnight index swap (OIS) market suggested that investors were anticipating that the policy interest rate would remain high in the United States but not in ...
BoE cuts rates by 25bps, ultra-hawk votes for double cut. Canada’s jobs data to shake BoC expectations. S&P 500 and Nasdaq gain, Dow Jones slides. US Jobs... Fed’s Hawkish Pause, Mixed ...
Higher interest rates sometimes come at the expense of higher fees and reduced features. With that in mind, Forbes Advisor Canada has analyzed dozens of high-interest savings accounts to find the ...
Market bets on a cut at the Bank of Canada’s March 12 meeting fell to 55 per cent from 80 per cent after the data. Here’s what economists think the latest employment data means for the central bank ...
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
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.