Could Canada's headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada's own forecasts? National Bank of Canada thinks so.
Contrary to skepticism, the Bank of Canada actually has a proven track record of successfully managing soft landings more often than not.
The Bank of Canada is still likely to wait until mid-year before delivering its first rate cut, despite January's downside surprise in inflation, economists say.
Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the year.
Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by April.
Canada's economy outperformed growth expectations to end the year, which means the Bank of Canada could feel less pressure to start cutting rates in the near term, economists say.
Canada's economy is headed for an imminent recession in 2024—that is, if we aren't already in one, economists say.
For the third time since 2022, Canada’s headline inflation rate reversed course and trended back upward in December. Headline inflation...
Despite expectations that inflation would dip below 3% in November, headline inflation instead stalled, remaining unchanged from October.
There was growing talk of the "R-word" (recession) leading up to today's GDP data release, given the third quarter could have marked the second straight month of negative growth.