As of June 4, 2025, the Bank of Canada has once again held its benchmark interest rate at 2.75%, maintaining its cautious stance amid rising economic uncertainty. With 1.2 million mortgages up for ...

Why A BOC Rate Hike Is Still On The Table, Despite An Inflation Rate Drop In May. Jun. 28, 2023 10:06 PM ET EWC, HEWC, FLCA, BBCA 1 Like. TD Wealth. 5K Followers. Follow. Summary.

The BoC’s main reference rate hit a 23-year high of 5.0% mid-2023. The BoC has already cut interest rates 75 bps since June of 2024, bringing the current rate down to 4.25%.

Gross Domestic Product (GDP) rose 1% on a seasonally adjusted annualized rate (SAAR) in Q3, well below the BoC’s October estimate of 1.5%. The central bank had initially projected growth as high ...

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 ...

BoC to cut rates starting in Q2 2024, house prices seen flat in 2024: Reuters poll. ... Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources ...

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 ...

BoC signaled that it will not push the rate above the 4.5% level if the economic situation develops in line with its current forecasts. Bank Of Canada Raised The Interest Rate To 4.5%.

If so, the policy rate would bottom at the lower end of the BOC’s neutral range estimate of between 2.25% to 3.25%." Share: Feed news Information on these pages contains forward-looking ...

Over 60% of economists, 19 of 31 in a Feb. 26-28 Reuters poll, expect the BoC to cut its key rate by 25 basis points to 4.75% in June, mostly in line with market pricing.