2 h. ago Markets, economists see Bank of Canada holding rate despite inflation surprise

Economists weigh in after inflation cools more than expected

Economics

30 h. ago Another Bank of Canada interest rate cut is on the way and here's what could happen

Amid times of economic uncertainty — an upcoming federal election and tense relations with the U.S. — Canadians are waiting for the next Bank of Canada (BoC) interest rate announcement.The central bank has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12 bringing the rate to 2.75 per cent.That announcement came a week after U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian goods, and Canada retaliated with counter-tariffs. The BoC claimed the Canadian economy entered the year in a "solid position," saying GDP showed robust growth, and inflation was finally close to the two per cent target.However, with economic aggression from the U.S., BoC officials predicted a slower pace of economic activity and increased inflationary pressures in Canada. The latter concern contributed to the decision to lower the policy rate by a quarter point.The last BoC update did not come with an extensive m...

Other

1 week ago Bank of Canada expected to make deeper rate cuts amid stock rout, job losses

Traders put the odds at about a coin flip for another rate cut on April 16

Economics

1 week ago Bank of Canada April rate cut still in play as job market weakens, economists say

Tariff uncertainty to continue to weigh on economy and hiring

Other

2 w. ago Bank of Canada would have held interest rate at 3% in March, if not for tariff threats

Some members argued to pause until there was more clarity on impact of Donald Trump's tariffs

Economics

2 w. ago Bank of Canada says it would have likely held rate steady if not for tariffs

OTTAWA — The Bank of Canada likely would have hit pause on its interest rate lowering cycle earlier this month were it not for the substantial uncertainty around tariffs from the United States. The central bank today released a summary of the discussions that led to its quarter-point rate cut two weeks ago in a […]

Economics

4 w. ago Bank of Canada would need to hike interest rates by up to 1.25% in full

Growth would plunge and inflation would soar if tariffs threats fulfilled

Other