Craig Sebastiano is a personal finance writer based in Toronto. He was previously the managing editor at Ratehub.ca and has written about credit cards, mortgages, banking, investing and investment ...
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 ...
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
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 ...
The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by a quarter point, noting consumer ...
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 ...