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BENGALURU (Reuters) -The Bank of Canada will cut its overnight rate by a quarter point on September 17 as the labour market deteriorates and economic activity weakens, according to most economists in ...
OTTAWA (Reuters) - The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, and said it would be ready to cut again if risks to the economy ...
The minutes cover deliberations leading up to the decision on Oct. 29 to cut the target rate by a quarter point to 2.25%.
OTTAWA--Senior Bank of Canada officials believed a rate cut was warranted even though upside risks to inflation remained intact, according to minutes published Wednesday by the central bank.
OTTAWA--The Bank of Canada on Wednesday cut its benchmark rate for a sixth straight time, and warned of a significant shock to the economy from a U.S.-Canada trade conflict with tariffs of up to 25%.
Through 2026, the bank expects the pair to move closer to 1.33, with further CAD gains pushing USD/CAD down toward 1.30 by ...
What the Bank of Canada’s November 2025 Quarterly Financial Report means for you and how to prepare for what comes next ...
BENGALURU, June 2 (Reuters) - The Bank of Canada will hold interest rates at 2.75% on Wednesday as policymakers await further news on an economy that grew faster than expected last quarter, with at ...
OTTAWA—The Bank of Canada left its main interest rate unchanged Wednesday at 2.75%, while signaling it is ready to reduce rates again should conditions weaken further and inflation moderates. The ...
Variable-rate mortgage holders can expect their rate to stay stable for the foreseeable future. Fixed-rate mortgages have ...