Tag: rate cut

• Why Economists Are Changing Their Predictions: 50 Bps Rate Cut Likely from Bank of Canada Tomorrow

  

  As the Bank of Canada prepares to announce its interest rate decision tomorrow, December 11, 2024, economists across the country are adjusting their predictions. Initially uncertain, many are now leaning towards a 50-basis-point (bps) rate cut, with top institutions like Scotiabank and the Bank of Montreal (BMO) joining the growing consensus. This decision could have…

  Kaleylangille

  December 10, 2024

  Uncategorized

  50-basis-point cut, bank of canada, Bank of Canada rate decision, BMO, economic outlook, economy, finance, housing affordability, inflation, interest rate, interest-rates, mortgage rates, mortgage refinance, Ontario homebuyers, ontario housing market, rate cut, real estate, real estate forecast, Scotiabank, toronto real estate

• Bank of Canada to slash interest rates in half by end of 2025, predicts Desjardins

  

  In a move anticipated to bring significant financial relief to Canadians, the Bank of Canada is gearing up to initiate a series of interest rate reductions starting this spring. According to Desjardins Group, this strategic adjustment aims to alleviate the economic strain experienced by many, marking a shift towards more accommodating monetary policy. Desjardins Group’s…

  Kaleylangille

  February 26, 2024

  Uncategorized

  bank of canada, canada, economics, economy, finance, housing, inflation, interest rates, ontario, rate cut, real estate, real estate news, toronto