rate forecast
Inflation expected to ease to 2.1%, lowest level since March 2021: economists
Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021.
CIBC forecasts ‘supersized’ Bank of Canada rate cut by year end
The central bank may take a more aggressive approach to easing monetary policy than most have been expecting
Will rising unemployment hasten the Bank of Canada’s coming rate cuts?
Canada’s labour market stumbled in June, with the unemployment rate rising to 6.4%, up from the previous month.
What the latest GDP figures mean for the Bank of Canada’s rate cut timing
Canada’s stronger-than-expected GDP growth in January could pose a challenge for the Bank of Canada, potentially complicating the timing for its anticipated interest rate cuts.
Rate cuts are on the way, but not this week, economists say
Economists expect a more dovish tone from the Bank of Canada when it unveils its interest rate decision on Wednesday.
Unexpected inflation drop won’t hasten Bank of Canada’s rate cut plans, economists say
The Bank of Canada is still likely to wait until mid-year before delivering its first rate cut, despite January’s downside surprise in inflation, economists say.
Rise in bond yields could send fixed mortgage rates higher, experts say
A sudden rise in bond yields this week could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.
Big banks slash mortgage rates this week to reflect lower bond yields in Canada
Nearly all of the country’s big banks slashed their advertised fixed mortgage rates this week, in some cases by as much as 70 basis points (or 0.70%).
Bank of Canada continues to talk tough despite markets’ rate-cut expectations
Like a stern parent, the Bank of Canada once again reminded markets that it is prepared to raise interest rates further if necessary to bring down inflation.