boc announcements
What the Bank of Canada rate cut means for mortgages, consumer loans and investments
June 5, 2024
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The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75%, the first cut in more than four years. Here’s what it could mean for your finances.
Bank of Canada sends dovish signals, keeping mid-year rate cut forecasts in play
January 24, 2024
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As was widely anticipated by markets, the Bank of Canada today held its overnight target rate at 5.00%, where it’s been since July.
Sticky inflation to push Bank of Canada rate cuts to at least June: economists
January 22, 2024
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A majority of economists believe stubborn inflation is likely to delay the first Bank of Canada rate cut until at least June.
Latest in mortgage news: Freeland approves RBC takeover of HSBC, with conditions
December 22, 2023
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RBC’s $13.5-billion acquisition of HSBC’s Canadian unit cleared its final hurdle after receiving approval from Chrystia Freeland, Deputy Prime Minister and Minister of Finance.
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