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BoC to keep the policy rate on hold at its 4 June meeting (instead of a 25bps cut). With the policy rate at neutral, BoC has been unwilling to ease more unless growth goes further south. There should ...
The bank’s next interest rate statement is coming out Wednesday, June 4. More cuts should come at some point, but not likely until 2026, a recent Scotiabank report shared. Statistics Canada’s April ...
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BoC dropped the overnight rate for a fifth time in 2024: How it will impact the prime rate in Canada?In July, when the Bank of Canada (BoC) announced the second rate drop of its overnight rate, BoC Governor, Tiff Macklem highlighted the growing confidence that inflationary pressures were now ...
Financial market odds of an interest rate cut in June fell to just under 35% Tuesday afternoon — a flip from roughly 64% at ...
Consumer price data for April, due on May 20, may offer some relief to policymakers. Headline CPI is forecast to fall by 0.6% ...
Ethan Currie and Warren Lovely, economists, National Bank of Canada: “Prior to the decision, our baseline expectation for the BoC rate path suggested an April ‘pause,’ followed by 75 basis ...
Canadian inflation is officially “too high,” putting the Bank of Canada’s (BoC) credibility into jeopardy for the second time ...
Over the past five trading sessions, USD/CAD has depreciated by nearly 1.5% in favor of the Canadian dollar, mainly due to ...
The USD/CAD weekly forecast suggests an increasing likelihood of another Bank of Canada pause its rate cut in June.
The USD/CAD price analysis indicates a lower likelihood of a Bank of Canada rate cut in June, which is pushing the Canadian ...
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Bank of Canada rate cut odds for June fall after April inflation dataSigns that underlying inflation was picking up in April put the Bank of Canada in a tricky position ahead of its June ...
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