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Prior was 2.25%Highlights of the statement:Says CanadaРІР‚в„ўs economy is showing signs of improvementGrowth is picking up and inflation is projected to ease gradually from its rec...
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.Canada’s economy is showing signs of improv...
The Bank of Canada is widely expected to hold its policy rate at 2.25% this week, but economists remain divided over how soon the central bank may need to begin raising rates.
The Bank of Canada will deliver its latest interest rate decision on Wednesday and almost surely hold rates steady at 2.25%, the same place where rates have been since a cut in Oct...
The Bank of Canada is widely expected to continue holding its policy interest rate for a fifth consecutive meeting, after recent data pointed to a weaker economy than the central b...
Looks like the BOC is set to hold rates again, but Macklem’s tone could decide whether CAD rallies or reverses this week.
BoC leadership facing an inflationary spike and sluggish, if rebounding, growth
The Bank of Canada held interest rates steady for a sixth consecutive meeting as policymakers see the economy rebounding and oil price-driven inflation fading.
The Bank of Canada held its key interest rate but reiterated that U.S. trade uncertainty and the Iran war may mean it needs to either cut or deliver consecutive hikes to keep infla...
Markets expect the BOC to keep rates steady, but sticky energy prices, soft growth, and a surprise jobs jump could make its tone a little tricky.
Any Bank of Canada decision on a possible rate hike is less about a timeline and more about conditionsMacklem notes that core inflation has ticked downBank would also look at infla...
The Bank of Canada left interest rates unchanged at 2.25 per cent Wednesday, in its fifth monetary policy decision of the year.
Holds key interest rate at 2.25%
Inflation continues to climb, but economic weakness weighs on the BoC as well
The Bank of Canada is set to make its fifth interest rate announcement of the year on Wednesday following a turbulent few weeks on the global stage and in Canadian economic data. D...
Central bank met market expectations today by holding its rate steady
A summary of deliberations from the Bank of Canada governing council’s decision to hold interest rates on June 10 was released on Wednesday
Marking a continued period of stability, the Bank of Canada held its policy rate steady at 2.25% in its June announcement. By opting for another hold, the Bank is exercising strate...
OTTAWA — The Bank of Canada held its benchmark interest rate steady for the sixth consecutive time today as it expects the economy to rebound after a rough start to the year.
There may be a perfect storm on the horizon, and it’s leaving Canada’s central bank paralyzed. The Bank of Canada (BoC) held its key interest rate at 2.25%, a widely expected move....
Investment strategists have broadly welcomed the Bank of England’s decision to hold rates steady at 3.75% following its Monetary Policy Committee (MPC) meeting today (18 June).
Strong jobs data and persistent oil price uncertainty keep the central bank on the sidelines Wednesday
OTTAWA — Officials at the Bank of Canada were seemingly unfazed by economic weakness to start the year as they debated where to take the policy interest rate earlier this month. Th...
Underneath the BOE headline hold at 3.75%, two members of the Monetary Policy Committee (MPC) broke ranks and voted to raise rates immediately.
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