The Bank of Canada’s benchmark interest rate can have an impact on everything from your savings account to your mortgage and student loan. This article is 1 year old. Some details may be ...

The Bank of Canada held its interest rate at 2.75 per cent on Wednesday, citing resilience in the economy despite the ongoing ...

Canadians are in for another Bank of Canada (BoC) interest rate announcement next week amid ongoing economic uncertainty.

Explore how the U-shaped yield curve, Treasury rates, and inflation trends align with Trump's rate cut call, offering insights for short-term investments.

The Bank of Canada embarked on a series of interest rate hikes last year, taking its trendsetting policy rate from 0.25% all the way to 4.5%, in an effort to stamp out what has become persistently ...

Raising interest rates is primarily done to keep inflation in check. As Canada was emerging from the COVID-19 pandemic, inflation reached its highest level in decades — 8.1 per cent in June 2022.

Mortgage specialists are welcoming a hold on interest rates from the Bank of Canada particularly as U.S. President Donald ...

Federal Reserve officials left interest rates unchanged, despite rare dissent among policymakers. Fed Chair Jerome Powell ...

The Federal Reserve uses monetary policy to steer interest rates during recessionary periods. When a recession sets in, the Fed may reduce the federal funds rate in order to spur economic growth.

The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...