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In July, Canada’s inflation rate slowed again to 2.5%, a 40-month low. And at its policy announcement meeting on September 4, 2024, the BoC again cut its key overnight lending rate by 25 basis ...
Long-term mortgage rate history in Canada When looking at mortgage rate data that goes back to 1980, you see a few dramatic spikes, particularly in 1981, 1985 and 1990. But overall, rates have ...
Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around macroeconomic forecasts, according to Deutsche Bank Research.
With interest rates at their highest level in 15 years as the Bank of Canada fights inflation rates not seen since the 1980s, ... As this chart shows, for the first time in history, ...
The Bank of Canada is right to warn that inflation will persist well into next year and to signal that interest rates are likely to start moving higher sooner than previously thought, former ...
Inflation in Canada picked up speed again in June with prices rising at their fastest pace since January 1983, official data showed on Wednesday, but the rise was not as steep as forecast, leaving ...
Canada’s annual inflation rate in February unexpectedly cooled to 2.8 per cent, the slowest pace since June, despite forecasters who had widely expected an acceleration in price growth. The ...
Should the 25% tariffs on Canada and Mexico result in a 50% pass-through, Deutsche Bank Research's core PCE forecast for 2025 would increase around 80 basis points, said Reid.