inflation expectations Archives - Mortgage Rates & Mortgage Broker News in Canada

Inflation expected to ease to 2.1%, lowest level since March 2021: economists

September 15, 2024 No Comments

Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021.

BoC Governing Council divided over timing of rate cuts, but agree they will be gradual

April 24, 2024 2 Comments

The Bank of Canada’s Governing Council remains split over when they think conditions will be right to begin lowering the country’s key interest rates.

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.

Market participants still expect the first Bank of Canada rate cut in April

February 5, 2024 No Comments

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.

Tiff Macklem, Governor of the Bank of Canada

BoC’s Macklem doesn’t want to repeat the inflation-fighting mistakes of the 1970s

November 22, 2023 3 Comments

As a teenager growing up in the 1970s, Tiff Macklem said he recognized the impact high inflation was having on everyone: “Inflation made everyone angry.”

Larger and more regular price hikes by businesses keeping inflation “sticky,” says BoC

October 3, 2023 No Comments

The Bank of Canada says larger and more frequent price increases by businesses have contributed to keeping inflation higher than the Bank would like.

Tiff Macklem, governor of the Bank of Canada, speaks during an event at the Toronto Region Board of Trade in Toronto

BoC’s Macklem: Until inflation reaches 2%, “our job is not done”

May 5, 2023 No Comments

Despite positive developments on the inflation front, the Bank of Canada won’t rest until it returns to the Bank’s 2% target. And rate hikes remain in the Bank’s back pocket if need be.

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.

Bank Of Canada Announces April Rate Decision

Bank of Canada cautions markets against rate-cut bets

April 12, 2023 No Comments

With markets pricing in rate cuts by the end of the year, the Bank of Canada today made clear that it doesn’t share the same outlook.

Sharp drop in inflation suggests interest rates have peaked: ING

March 22, 2023 1 Comment

For the second straight month, Canada’s headline inflation rate surprised to the downside, all but guaranteeing another Bank of Canada rate pause at its April 6 meeting.

inflation expectations