Economists more confident in Bank of Canada rate hold

Bank of Canada in a 'difficult place' on rate cuts: Economists on the latest inflation numbers
Canadian inflation would have accelerated further in January were it not for Ottawa’s tax holiday, putting the Bank of Canada in an awkward position when it comes to its next interest rate decision ,
Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%
Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as Canada's annual inflation rate ticked back up in January.
Canada's annual inflation rate ticks up to 1.9 per cent in January, raising odds of a BoC pause in March
Canada’s annual inflation rate edged back up to 1.9 per cent in January, after slowing to 1.8 per cent in December. The faster price increases came even as the temporary GST/HST tax break brought some prices down.
Canada's inflation rate ticks back up to 1.9%
Canada’s inflation rate climbed to 1.9 per cent in January, up from 1.8 per cent the month before, as Canadians faced increased energy costs to start the year, Statistics Canada said on Tuesday. Energy prices rose 5.
Annual inflation rate in Canada rises to 1.9% in January
The annual inflation rate in Canada inched higher to 1.9% in January from 1.8% in the previous month, in line with market expectations.  The annual core inflation rate in Canada, which excludes components such as food,
Forbes14d
Prime Rate History In Canada
Paul Volcker wanted to tame inflation and the Bank of Canada followed suit. The prime rate, which had fallen to 12.25% in July 1980 jumped to 22.75% by August 1981. A five-year fixed rate ...
Global News1mon
Inflation slows ahead of Bank of Canada’s 1st rate decision of 2025
businesses say December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of 2025 with U.S. President Donald Trump’s tariff threats ...
Posthaste: RBC, TD say tariffs will force Bank of Canada to pick growth over inflation
Economists at CIBC Capital Markets said gross domestic product ( GDP) could fall five per cent if the full magnitude of the ...
Forbes14d
The Bank Of Canada Cuts Key Interest Rate to 3%
With their announcement on January 29, 2025, the Bank of Canada ... the rate had hit the 5% mark. Before that pause, a series of rate hikes in quick succession were made to quell inflation ...
Wall Street Journal1mon
Canada Inflation Eases to 1.8% Thanks to Tax Break
That was in line with what economists were expecting and marks a fifth straight month annual inflation has been at or below the Bank of Canada’s 2% target.
Reuters1mon
Canada's annual inflation rate drops to 1.8% in December on sales tax relief
reduction in interest rates from the Bank of Canada next week," he added. The BoC's preferred measures of core inflation, CPI-median and CPI-trim, also edged down, nearing the 2% mid-point of ...
U.S. News & World Report24d
Bank of Canada Likely to Cut Rates by 25bps, Give Tariff Impact Analysis
OTTAWA (Reuters) - The Bank of Canada will most likely trim its key benchmark rate by 25 basis points ... it will update October's projections on inflation and the economy. Economists are ...
Wall Street Journal23d
Tariff Threat to Push Bank of Canada Toward Sixth Straight Rate Cut
OTTAWA—The Bank of Canada ... leave the policy rate unchanged this week, citing improving consumer demand, strong hiring, and a pickup in short-term readings of underlying inflation.
Financial Post24d
Bank of Canada expected to cut interest rate by quarter point as tariff threat looms
In December, Bank of Canada governor Tiff Macklem said policymakers would take a more “gradual approach” to reductions of the policy rate moving forward. Economic data from December showed ...