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.
Trump tariffs would push Bank of Canada to cut interest rates more this year, says BMO
U.S. President Donald Trump’s tariffs would push Canada’s economy into a recession and cause unemployment to surge, BMO’s chief economist said in a research note, likely pushing the Bank of Canada to cut its benchmark interest rate at its next six meetings through October.
The Bank of Canada just cut interest rates again — Here's what it means for you
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Bank of Canada cuts interest rates: Read the official statement
Here’s the Bank of Canada’s official statement for its rate decision:
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 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.
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
The tariff threat, coupled with cost-of-living constraints that remain front and centre for many Canadians, might blunt the effects of another rate reduction.
Bank of Canada Rate Cut: Why It Won’t Move the Housing Market
The BoC’s mega-cuts in October and December didn't change the game for home buyers. Today’s 25-basis point reduction probably won’t either.
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,
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Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
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Bond Traders Add Wagers on Emergency Rate Cut by Bank of Canada
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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 England slashes growth hopes for British economy in 2025
The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its ...