The Bank of Canada Expected to Hold Key Interest Rate Steady Amid Slower Economic Growth Introduction OTTAWA — The Bank of Canada is expected to keep its key interest rate unchanged this week as the Canadian economy grapples with higher interest rates and a downward trend in inflation. Despite the central bank’s previous indication that […]
Bank of Canada Expected to Hold Interest Rates, but Be Prepared for Surprises Economic Slowdown and Rate Decision As signs of a slowing economy emerge in Canada, all eyes are on the Bank of Canada as it prepares to make its latest interest rate decision. The central bank is widely expected to hold rates steady […]
The Impact of Interest Rate Decisions on Canada‘s Economy Introduction The Bank of Canada‘s decision on interest rates has significant implications for the country’s economy, affecting everything from borrowing costs to inflation rates. As economists speculate on the outcome of the next interest rate decision, it is crucial to evaluate the potential consequences of such […]
The Inflation Dilemma: A Cause for Concern at the Bank of Canada Economists Warn of Rising Inflation Rate Canadian economists are expressing concern over the recent rise in the annual inflation rate in July, which reached 3.3 percent nationally, exceeding the Bank of Canada’s target range of one to three percent. This increase is attributed […]
Annual Inflation Rate Drops, but Bank of Canada May Still Consider Rate Hike The annual rate of inflation in Canada dropped sharply last month, but some economists argue that this slowdown might not be enough to deter the Bank of Canada from considering another interest rate hike in July. According to Statistics Canada, the annual […]
La Banque du Canada augmente son taux directeur pour la première fois en 2023 La Banque du Canada a finalement décidé d’augmenter son taux directeur d’un quart de point de pourcentage, le faisant passer de 4,50 % à 4,75 %, après l’avoir maintenu à 4,50 % pendant trois fois depuis le 25 janvier 2023. La […]