With their announcement on January 29, 2025, the Bank of Canada (BoC ... which peaked at 8.1% in June 2022. On economic growth: “Past cuts to interest rates have started to boost the economy.
A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to ...
Bank of Canada officials acknowledged the economic uncertainty created by a potential trade battle supported their decision ...
in line with the Bank of Canada’s eight fixed annual announcements on policy interest rate decisions. In 2022, the prime rate was raised seven times after the Bank of Canada’s announcements.
Who benefits from the latest Bank of Canada rate announcement? Learn how to use the latest rate drop to boost your financial ...
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 ...
The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by a quarter point, noting consumer ...
Variable-rate mortgages accounted for 25 per cent of all new bank mortgages as of November, according to data from Statistics ...