Page 2 - Avery Shenfeld News Today

Canadian households, clobbered by rising interest rates, are desperate for word from the Bank of Canada on when they may start to fall. But central bank governor Tiff Macklem refuses to give them a "false sense of precision."

The Bank of Canada held interest rates at 5% as expected but dropped its hiking bias. A cut is likely the next move, but when? Read on

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

After missteps around forward guidance, central bank wary of being pinned down

The Bank of Canada on Wednesday held its key lending rate at five percent for the fourth time in a row, saying it remains concerned about stubbornly high inflation.

Some economists still see first rate cut coming in April, but markets aren’t so sure

(Bloomberg) -- The Bank of Canada held its policy rate steady for a fourth consecutive meeting and explicitly stated for the first time that it won’t need to increase it again if the economy evolves in line with its forecasts.Most Read from BloombergRussia Says Ukraine Downed Plane Carrying Prisoners for SwapApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028Trump Races Toward 2024 Biden Rematch After New Hampshire WinChina Boosts Stimulus by Allowing Banks to Ke...

The Bank of Canada on Wednesday held its key lending rate at five percent for the fourth time in a row, saying it remains concerned about stubbornly high inflation.

Economists expected the Bank of Canada to hold interest rates on Jan. 24. Read on for when they expect the first interest rate cuts.

Canada's top bankers are blaming Justin Trudeau's mass migration strategy for wrecking the nation's economy and for helping populists.