Topics: BoC
The Bank of Canada Raises Interest Rates to 5%: Implications for the Economy
In a move that surprised many, the Bank of Canada announced its decision to raise the basic interest rate to 5%.
In a move that surprised many, the Bank of Canada announced its decision to raise the basic interest rate to 5%.
Read more
Impending Interest Rate Hike: Canada's Central Bank on the Verge of Action
The Increase in Jobs Data in June in Canada: What it Means for the Bank of Canada's Interest Rates Decision?
The Increase in Jobs Data in June in Canada: What it Means for the Bank of Canada\'s Interest Rates Decision?
Read more
Bank of Canada Raises Interest Rates to 4.75%
On June 7, 2023, the Bank of Canada (BoC) raised interest rates by 25 basis points to 4.75% due to a surprisingly strong economy and high inflation.
On June 7, 2023, the Bank of Canada (BoC) raised interest rates by 25 basis points to 4.75% due to a surprisingly strong economy and high inflation.
Read more
Prediction: Bank of Canada may Start Cutting Rates by Year-end
Canada's inflation rate, excluding food and energy costs, is expected to remain above 3% through Q4/2023, which could potentially hinder the Bank of Canada's (BoC) plans to cut interest rates soon.
Canada\'s inflation rate, excluding food and energy costs, is expected to remain above 3% through Q4/2023, which could potentially hinder the Bank of Canada\'s (BoC) plans to cut interest rates soon.
Read more