bank of canada interest rate news - Search News

Bank of Canada resorts to jumbo rate cut

Reuters on MSN · 11h

Bank of Canada may need another big rate cut to adjust for slow growth, economists say

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. Economists widely expected the BoC to lower its annual gross domestic product (GDP) forecast when it released its quarterly monetary policy report on Wednesday,

The Globe and Mail · 1d

Bank of Canada cuts its key interest rate by a half-point to 3.75%

The bank expects economic activity to increase gradually as interest rates fall. Its new forecast sees Canadian output growing 2.1 per cent in 2025 and 2.3 per cent in 2026, up from 1.2 per cent in 2024. Per capita GDP growth is expected to turn positive next year.

Yahoo Finance · 1d

'Canadians can breathe a sigh of relief,' Macklem says, as Bank of Canada cuts interest rate by 50 basis points

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BoC cuts rate by 50 bps

Reuters on MSN · 1d

Toronto stocks fall; BoC cuts rate by 50 bps

Canada's main stock index slipped on Wednesday due to falling commodity stocks, as investors evaluated a half-point interest rate cut by the Bank of Canada and anticipated further reductions in the future.

Business Insider · 1d

TSX Ends Lower Despite BoC's Sharp Rate Cut

The Canadian market ended weak on Wednesday, hurt by losses in technology, energy and materials stocks. Despite the Bank of Canada's

The Wall Street Journal on MSN · 1d

Canadian Dollar Falls Ahead of BOC Rate Decision

The Canadian dollar falls ahead of the Bank of Canada’s interest rate decision at 1345 GMT. There is much to suggest the BOC will accelerate the pace of interest-rate cuts with a 50 basis-point move,

15h

Bank of Canada’s Deeper Cut Aims to Reignite a Sluggish Housing Market

The housing market is one of Canada’s biggest economic engines. The Bank of Canada is now trying to stoke it with a ...

1don MSN

Canadian dollar hits 11-week low on 'aggressive' Bank of Canada

The Canadian dollar weakened to an 11-week low against its U.S. counterpart on Wednesday as the Bank of Canada cut interest ...

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