Forbes15d
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 ...
The Canadian Press on MSN3d
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 ...
Wall Street Journal24d
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.
Forbes15d
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 ...
U.S. News & World Report25d
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 ...
Financial Post25d
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 ...