1/27/2023 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts ... More

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  1/25/2023 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada on Wednesday hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank fighting global inflation to say it ... More

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  1/20/2023 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy ... More

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  1/16/2023 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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"They are in a very difficult situation in which they have to tell you they are done without telling you they are done" ... More

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  12/21/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The end of the central bank's rate hikes may be imminent – a development that could be a welcome boost for homebuyers ... More

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  12/8/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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"This is a significant difference in language, basically telling you that the Bank is willing to stop at this point if the data behaves" ... More

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  12/7/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada is increasing its key overnight interest rate by 50 basis points to 4.25 per cent. This is the seventh consecutive increase since the Bank began hiking rates in ... More

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  12/4/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada is expected to increase interest rates once more this week, capping off a tumultuous year for the central bank. ... More

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  11/16/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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While Governor Tiff Macklem had left the door open to another oversized increase, the inflation data was seen supporting a downshift to a standard 25-bp increase, with the option ... More

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  11/3/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank governor ... More

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  10/25/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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ven as warnings about a potential recession grow louder, the Bank of Canada is expected to announce another hefty interest rate hike on Wednesday. ... More

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  10/18/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada is closely monitoring debt burdens being shouldered across the economy over concerns they could become a threat to financial stability as interest rates rise ... More

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  9/7/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada has increased its benchmark rate by 0.75%, marking a fifth consecutive hike in its latest effort to get surging price growth under control. ... More

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  8/9/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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A massive rate jump at the central bank’s meeting next month is a near certainty, economists say ... More

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  7/14/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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According to the Bank of Canada’s new forecast, the rate shock it just delivered will keep inflation expectations in check, restraining wage demands and price increases. ... More

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  6/3/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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One day after raising the key interest rate by 50 basis points to 1.5 per cent, the Bank of Canada is warning Canadians that rates could rise above previously targeted levels in ... More

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  4/15/2020 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, citing ... More

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  3/27/2020 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement. ... More

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  3/17/2020 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Big Six banks are slashing their prime lending rates 50 basis points to 2.95 per cent from 3.45 per cent in response to the plunge in the benchmark Bank of Canada interest ... More

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  3/13/2020 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the economic ... More

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  3/2/2020 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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Just a few days before the Bank of Canada’s March 4 meeting, the Monetary Policy Council of the C.D. Howe Institute called on the institution to lower its benchmark policy ... More

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  12/18/2019 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings. ... More

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  12/5/2019 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada kept its key interest rate on hold as expected at 1.75 per cent where it has been for more than a year as it said Wednesday that ongoing trade conflicts and ... More

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  10/21/2019 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The cost of living was higher across many products and services in September. ... More

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  7/10/2019 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists. ... More

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  7/3/2019 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics. ... More

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  6/20/2019 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More

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  5/6/2019 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason. ... More

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