Bank of Canada ... of Canadian rates and macro strategist, said in a note to clients on Wednesday that the deliberations strike a "hawkish" tone — tilted toward keeping interest rates higher ...
The Bank of Canada’s policy interest rate – also known as the overnight rate – is 2.75 per cent. This is the benchmark for short-term interest rates in Canada, and it influences longer-term ...
When the Bank of Canada’s overnight rate increases, you can earn higher interest on your deposits in HISAs, because financial institutions face competitive pressure to raise rates. Digital banks ...
The Bank of Canada debated holding interest rates steady before ultimately deciding to lower borrowing costs in order to relieve worried consumers and businesses as the trade war struck the economy.
The term "high-interest" is a bit relative since rates fluctuate over time, and Canada has had record low interest rates in recent years. Still, the interest rate offered is a fairly simple way to ...
The Federal Reserve was widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March meeting.
The Bank of Canada considered holding interest rates steady earlier this month but ... This happens because retaliatory tariffs and a weaker currency raise the price of imported goods, while ...