boc forecasts Archives - Mortgage Rates & Mortgage Broker News in Canada

Experts bet on sixth straight Bank of Canada rate cut this week

January 27, 2025 No Comments

Economists and markets expect a 25-basis-point rate cut this week, bringing the Bank of Canada’s policy rate to a two-year low of 3%.

Scotiabank: The Bank of Canada will likely deliver a 50-bps rate cut this week—here’s why it shouldn’t

December 9, 2024 No Comments

In a recent analysis, Scotiabank’s Derek Holt suggests that the Bank of Canada is likely to implement a 50-basis point rate cut this week, despite concerns over the broader economic implications.

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.

Market participants expect first rate cut as early as April 2024

November 6, 2023 1 Comment

A survey of influential economists and analysts shows many are expecting the Bank of Canada’s first rate cut by April 2024.

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.

Has the Bank of Canada gone too far with its rate hikes? CIBC’s Tal thinks so.

July 24, 2023 No Comments

CIBC’s Benjamin Tal says that the Bank of Canada has chosen to err on the side of too many hikes rather than too few for one simple reason: its bias towards fighting inflation.

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