Analyst anticipates BoC to conclude in December that restrictive interest rates are overly suppressing demand, which will likely increase the chances of a 50-basis-point rate cut, bringing rates ...

The expected move at the BoC's next meeting would be the second consecutive reduction in the size of rate rises after a 100 basis point move in July and 75 basis points last month.

When the BoC raises or lowers the overnight rate, Canada’s big financial institutions typically increase or decrease the prime rate by the same amount.

Canada's inflation rate slows, but likely not enough for the BOC. Canadian inflation may have fallen in May but interest on mortgage costs surged last month.

The Canadian Dollar (CAD) churned chart paper on Tuesday as Loonie traders shuffle in place ahead of the Bank of Canada’s (BoC) impending rate cut due during the midweek market session.

The BoC emphasized its data-dependent approach and acknowledged persistent inflation risks, which may have contributed to the limited effect on foreign exchange. ING anticipates an additional 75 basis ...

With the economy still weak, a loose labour market and inflation at target, the BoC cutting rates by another 50 bps remains a possibility next month.

The Bank of Canada will keep its key interest rate on hold at 4.50% for the rest of this year, according to a majority of economists polled by Reuters who however said the risk of at least one ...

Why the BOC still needs a hawkish tone. Canadian inflation remains persistent, even as growth slows. Why a BOC rate cut may not come until Q4 of 2024. Greg Bonnell: The Bank of Canada held its ...

The Bank of Canada will raise its overnight rate by 50 basis points on Oct. 26, a smaller amount than at previous meetings, but will get rates to an even higher peak than expected last month ...

Investing.com -- Canada’s economy grew at a below-potential pace in the third quarter, increasing the likelihood of the Bank of Canada (BoC) cutting interest rates by 50 basis points in December, Citi ...