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The Bank of Canada has trimmed its key policy rate by 25 basis points for the second month in a row, bringing it down to 4.5 percent, and said more cuts were likely if inflation continued to cool ...
Canada’s job market surprisingly gained 83,000 positions in June, pushing the unemployment rate down to 6.9 per cent from ...
The Canadian Press on MSN3d
Surprisingly strong June jobs numbers quash Bank of Canada rate cut oddsOTTAWA — The Bank of Canada is increasingly expected to keep its benchmark interest rate on hold later this month after the ...
The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, with governor Tiff Macklem saying during a news conference that it would be reasonable to expect further rate cuts if ...
Bank of Canada cuts interest rates, says fight against inflation ‘worked’ The cut on Wednesday, the fourth in a row, was bigger than expected as September inflation sank below target.
BENGALURU (Reuters) - The Bank of Canada will cut its overnight interest rate on Wednesday by 25 basis points to 4.50% amid expectations that inflation will continue to fall, according to a large ...
The Bank of Canada's annual economic growth forecast is overly optimistic, economists said, and another large interest rate cut this year will likely be required to boost growth. Skip to main content ...
The Bank of Canada has lowered its key interest rate to 3.75 per cent, making a 50-basis-point cut for the first time since the COVID-19 pandemic. Before Wednesday, the rate stood at 4.25 per cent.
BENGALURU (Reuters) - The Bank of Canada will hold interest rates at 2.75% on Wednesday as policymakers await further news on an economy that grew faster than expected last quarter, with at least ...
Bank of Canada Governor Tiff Macklem takes part in a news conference, after cutting key interest rate, in Ottawa, Ontario, Canada July 24, 2024. REUTERS/Blair Gable · REUTERS / Reuters The Bank of ...
Bank of Canada expected to cut interest rates by 50 basis points Wednesday — but not every economist is thrilled Jobless rate reaches 6.8% in November, highest since January 2017 outside of pandemic ...
Bank of Canada to Start Jumbo Rate Cuts by December, CIBC Says ‘Time to declare victory’ in inflation battle: CIBC’s Shenfeld CIBC also sees possibility of a 50 basis-point cut on Oct. 23 ...
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