Tag: Scotiabank

• 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 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