BoC Governing Council

Bank of Canada cuts rates another 50 bps, bringing more relief to some borrowers

December 11, 2024 No Comments

The Bank of Canada has cut its policy rate by another 50 basis points today, bringing it down to 3.25%. This marks the fifth consecutive rate cut this year.

Bank of Canada’s Governing Council divided over timing of future rate cuts

March 20, 2024 1 Comment

While conditions for rate cuts are expected to materialize over the course of the year, the Bank of Canada itself appears divided over when exactly these conditions will be met.

The Bank of Canada’s latest rate hold wasn’t unanimous, meeting minutes show

November 8, 2023 1 Comment

While the Bank of Canada’s rate hold last month was a welcome reprieve for borrowers, minutes from the meeting show the decision wasn’t a unanimous one.

Bank of Canada concerned inflation could remain “stuck” above 2%

April 26, 2023 1 Comment

While the Bank of Canada expects inflation to continue to ease this year, it is also concerned about the risk of inflation becoming “stuck materially” above its 2% target.

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BoC Governing Council

Bank of Canada cuts rates another 50 bps, bringing more relief to some borrowers

Bank of Canada’s Governing Council divided over timing of future rate cuts

The Bank of Canada’s latest rate hold wasn’t unanimous, meeting minutes show

Bank of Canada concerned inflation could remain “stuck” above 2%

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