The Bank of Canada's interest rate hikes this year have "begun to work" to cool Canada's overheated economy and slow inflation, the central bank's Governor said on Monday.
Canada's headline inflation reading continued to fall in November, but core inflation rose, increasing the potential for an additional Bank of Canada rate hike in January.
Markets raised the odds of another 75-bps rate hike by the Bank of Canada next week following the release of September's inflation data.
The Bank of Canada’s overnight lending rate will end the year exactly where it started—unchanged at 1.75%. As was widely...
As expected, the Bank of Canada delivered its first rate pause in a year following eight consecutive rate hikes.
The Bank of Canada will deliver its first rate announcement of the year this week, where markets and economists overwhelmingly expect a 25-bps rate hike.
Prospective homebuyers received reassurance today that interest rates will remain near historic lows "for a long time" according to Bank of Canada Governor Tiff Macklem.
Canada’s key lending rate remained unchanged for the sixth straight meeting today, with the Bank of Canada saying the country’s...
The Bank of Canada delivered a status quo rate decision today, keeping its target rate and bond purchases unchanged. This...
Two years after drastically cutting Canadian interest rates at the start of the pandemic, the Bank of Canada has kicked off a new rate-hike cycle.