The Bank of Canada held interest rates steady and kept the door open to further hikes, with economists seeing its historic tightening cycle at its likely endpoint.. Policymakers led by Governor ...

The Bank of Canada is expected to raise interest rates to a 15-year high on Wednesday in the face of a tight job market and above-target inflation, but economists say the move could be the last in ...

On Jan. 25, the Bank of Canada hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank to say it would likely hold off on further increases for now.

Two years after the Bank of Canada started raising its key interest rate, inflation, the housing market and the overall economy are vastly different. Here's what's next.

The Bank of Canada delivers an oversized interest-rate cut, lowering the benchmark policy rate by half a percentage-point to 3.75 per cent, and said that its fight with inflation is almost over.

Marks said that in comparison to the U.S., Canada was harder hit by the post-pandemic rise in interest rates. So, despite achieving its inflation target, there’s more work for the central bank to do ...

The Bank of Canada cut its benchmark interest rate by 25 basis points to 4.75 per cent on Wednesday, the first reduction in more than four years, and said further cuts may be coming if inflation ...

As the Bank of Canada pauses its interest rate hikes, ... Bank of Canada and Fed head for historic divergence, in a blow to loonie. By Fergal Smith. March 9, 2023 11:14 AM UTC Updated March 9, 2023 ...

Canadian mortgage holders have been on a wild roller coaster ride since the Bank of Canada started its series of aggressive rate hikes, from a low of 0.25% in March 2022 to a high of 5%.

The Bank of Canada will deliver an update on Wednesday, with markets expecting the central bank to cut rates for a second consecutive meeting. ... SP500 Tests Historic Highs Fri, ...

Here’s the Bank of Canada’s official statement for its rate decision: The Bank of Canada today reduced its target for the overnight rate to 3.25 per cent, with the Bank Rate at 3.75 per cent ...