Tag: inflation control

• Bank of Canada Expected to Cut Interest Rate Wednesday September 4, With More Reductions Likely to Follow

  

  On September 4, the Bank of Canada is widely expected to deliver its third consecutive interest rate cut as inflation continues to cool on both sides of the Canada-United States border. This move aligns with market expectations, which also anticipate the U.S. Federal Reserve to begin its own rate-cutting cycle later this month. Derek Holt,…

  Kaleylangille

  September 3, 2024

  Uncategorized

  bank of canada, CAD-USD exchange rate, Canada interest rate decision, Canadian dollar, Canadian economy, central bank, economic forecast, economic update, financial markets, financial news, housing market, inflation, inflation control, interest rate cut, interest rates, monetary policy, RBC, Scotiabank, Tiff Macklem, U.S. Federal Reserve

• Bank of Canada’s Rate Cut: Limited Impact on Real Estate Market

  

  On July 24, 2024, the Bank of Canada lowered its key interest rate by a quarter percentage point to 4.5%. While this move is intended to combat inflation and stimulate economic growth, experts suggest that its immediate impact on the real estate market will be limited. Modest Rate Cut and Market Expectations John Lusink, President…

  Kaleylangille

  July 24, 2024

  Uncategorized

  Adam Jacobs, bank of canada, BMO, Canadian housing market, Colliers Canada, commercial real estate, economic growth, fixed mortgage rates, home buyers, housing market, inflation control, interest rate cut, interest-rates, John Lusink, Karen Yolevski, Leah Zlatkin, LowestRates.ca, mortgage rates, mortgage-rates, Penelope Graham, property market, Ratehub.ca, real estate, real estate market, realtor, Right at Home Realty, Robert Kavcic, Royal LePage, variable mortgage rates, Victor Tran