Bank of Canada preview Archives - Mortgage Rates & Mortgage Broker News in Canada

Two big banks predict 225 bps worth of BoC rate cuts over the next year

October 21, 2024 No Comments

As we appraoach what’s expected to be the Bank of Canada’s fourth consecutive interest rate cut this year, several major banks are forecasting that the rate-cutting cycle is far from over.

With inflation below target, BoC expected to deliver supersized rate cut this week

October 20, 2024 No Comments

Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half a percentage point this week.

Bank of Canada widely expected to extend its rate-cut streak on Wednesday

September 2, 2024 1 Comment

More rate relief is expected this week for those with variable-rate mortgages and lines of credit.

Here’s why markets are betting on a Bank of Canada rate cut tomorrow

July 23, 2024 No Comments

Confidence is high that the Bank of Canada will deliver a second consecutive rate cut on Wednesday. Below, we look at some of the reasons why.

Reasons for and against a Bank of Canada rate cut this week

June 3, 2024 2 Comments

While the odds of a Bank of Canada rate cut this week have risen, many experts admit the decision could still go either way.

Economists rule out rate cut this week, but all eyes on BoC statement and forecasts

April 8, 2024 No Comments

The Bank of Canada is widely expected to leave interest rates unchanged this week for the sixth straight meeting.

Rate cuts are on the way, but not this week, economists say

March 5, 2024 No Comments

Economists expect a more dovish tone from the Bank of Canada when it unveils its interest rate decision on Wednesday.

Bank of Canada preview: Rate hold expected as attention shifts to rate cuts

December 5, 2023 No Comments

The Bank of Canada’s final rate decision of the year is expected to be uneventful, with markets and forecasters overwhelmingly predicting a third straight rate hold.

Bank of Canada decision: Rate hold expected, but debate over future hikes persists

September 5, 2023 No Comments

Weaker-than-expected GDP data last week likely sealed the deal for a rate hold tomorrow by the Bank of Canada. But not all economists are convinced that this marks the end of the current rate-hike cycle.

Bank of Canada benchmark rate expected to reach a 22-year high of 5% this week

July 10, 2023 1 Comment

The Bank of Canada is widely expected to deliver a second consecutive quarter-point rate hike this Wednesday, which would bring its benchmark lending rate to a 22-year high of 5%.

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