How economists and market bets for future rate cuts are reacting to today's BoC decision
Some economists still see first rate cut coming in April, but markets aren’t so sure
Source: theglobeandmail.com
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Bank of Canada Holds Key Rate at 5%, Signals It's Done With Hikes
(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 Keep Smaller Res
Source: yahoo.com
Canada Central Bank Holds Key Lending Rate At 5%
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.
Source: ibtimes.com
When economists think the Bank of Canada will cut interest rates
Economists expected the Bank of Canada to hold interest rates on Jan. 24. Read on for when they expect the first interest rate cuts.
Source: leaderpost.com
Canada's Bankers Blame Trudeau's Immigration for Bad Economy
Canada's top bankers are blaming Justin Trudeau's mass migration strategy for wrecking the nation's economy and for helping populists.
Source: breitbart.com