rate decision Archives - Page 2 of 4 - Mortgage Rates & Mortgage Broker News in Canada

Bank of Canada continues to talk tough despite markets’ rate-cut expectations

December 6, 2023 No Comments

Like a stern parent, the Bank of Canada once again reminded markets that it is prepared to raise interest rates further if necessary to bring down inflation.

Bank of Canada offers a reprieve for mortgage borrowers, but leaves door open to more hikes

September 6, 2023 No Comments

The Bank of Canada opted to leave interest rates unchanged today but maintained its hawkish bias, confirming it won’t hesitate to hike rates further if inflation doesn’t continue to trend downward.

Bank Of Canada Announces April Rate Decision

Bank of Canada cautions markets against rate-cut bets

April 12, 2023 No Comments

With markets pricing in rate cuts by the end of the year, the Bank of Canada today made clear that it doesn’t share the same outlook.

Bank of Canada rate decision January 2023

Bank of Canada delivers long-awaited rate pause. Will it last?

March 8, 2023 No Comments

As expected, the Bank of Canada delivered its first rate pause in a year following eight consecutive rate hikes.

Tiff Macklem, Governor of the Bank of Canada

Was this the Bank of Canada’s last rate hike?

December 7, 2022 No Comments

Despite delivering a half-point interest rate hike at its final rate decision meeting of 2022, the Bank of Canada offered borrowers a glimmer of hope that this could be among its last.

Tiff Macklem comments on the need to raise interest rates

Bank of Canada’s 50-bps hike suggests the “peak is near”

October 26, 2022 No Comments

The Bank of Canada surprised markets on Wednesday by delivering a lower-than-expected 50-basis-point rate hike, its sixth consecutive rate increase of the year.

Reaction to the Bank of Canada’s 100-bps shocker

July 13, 2022 No Comments

Having been behind the inflation curve for many months, the Bank of Canada today tried to get ahead of it by delivering a surprise 100-bps rate hike.

Bank of Canada Governor Tiff Macklem on inflation

Bank of Canada preview: 75-bps rate hike in the cards this week

July 10, 2022 2 Comments

Markets and economists alike overwhelmingly expect the Bank of Canada to lift its policy rate by 75 basis points when it meets this Wednesday.

Bank of Canada widely expected to deliver another 50-bps rate hike this week

May 30, 2022 No Comments

Markets fully expect the Bank of Canada to deliver its second half-point rate hike in as many months at its upcoming rate decision meeting on Wednesday.

The Bank of Canada Delivers a 50-bps Rate Hike, Says More Are Needed

April 13, 2022 No Comments

As was widely expected, the Bank of Canada raised its benchmark lending rate by 50 basis points on Wednesday, bringing it to 1.00%.

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