The Bank of Canada Keeps Rates Steady for Another Announcement
Key Insights The housing market continues to pose an upside risk to the Bank of Canada’s inflation goals. Shelter’s component…
Key Insights The housing market continues to pose an upside risk to the Bank of Canada’s inflation goals. Shelter’s component…
Key Insights Initial interest rate cuts could be softer than previously expected. Real GDP growth was essentially flat in October,…
Key insights Household savings have dwindled since the start of the interest rate hikes. Since the Bank began raising interest…
Key Insights Household debt paired with inflation and higher rates continues to stretch budgets thin. Canada has the highest household…
Key Insights Consumer and business confidence have reached their lowest levels since the pandemic. Since the first interest rate hike…
Key Insights Inflation is moving closer to the Bank’s target, but housing is proving rigid. In May, the Consumer Price…
Key Insights Canadian housing markets could spell trouble for the economy overall. Despite housing sales increasing by 11.3 per cent…
Key Insights No reason for interest rates to rise further, given the outlook on inflation and economic growth. Today’s 25…
The Bank of Canada increased its target for the overnight rate by 75 basis points to 3.25 per cent, with the Bank…
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