Tag: economic growth Canada

• Don’t Rule Out a 75-Point Rate Cut: Bank of Canada Set for Big Decision

  

  The Bank of Canada is set to make a major announcement on its overnight interest rate tomorrow, and most economists are predicting a significant cut. While a 50-basis-point reduction is the most likely outcome, some experts suggest that an even bigger cut—75 basis points—could be on the table. Could We See a 75-Basis-Point Cut? Avery…

  Kaleylangille

  October 22, 2024

  Uncategorized

  75 basis point cut, Avery Shenfeld CIBC, Bank of Canada decision, Bank of Canada rate cut, Beata Caranci TD Bank, Canadian economy, Canadian interest rates, economic growth Canada, economics, economy, finance, foreign exchange market, GDP Canada, inflation, inflation Canada September 2024, interest-rates, loonie weakening, mortgage rates Canada

• Bank of Canada Lowers Key Interest Rate to 4.25% Amid Slowing Inflation

  

  The Bank of Canada has reduced its benchmark interest rate for the third time in a row, bringing the rate down to 4.25%. This decision, announced on September 4, 2024, reflects the central bank’s response to cooling inflation and growing concerns about economic growth. The widely anticipated quarter-percentage-point cut follows a series of interest rate…

  Kaleylangille

  September 4, 2024

  Uncategorized

  Bank of Canada interest rate, Bank of Canada rate cuts, Canadian economy, Canadian housing market, economic growth Canada, inflation outlook, inflation rate Canada, mortgage rates Canada, Tiff Macklem