Governing Council was out for August, but tomorrow — on Wednesday, September 4 — they’ll be back for the third-last interest rate announcement...
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High rates have been a major barrier to new housing construction, but while the Bank of Canada has already cut its benchmark rate twice this summer with more expected ahead, there are other factors at play, he said.
Governing Council was out for August, but tomorrow — on Wednesday, September 4 — they’ll be back for the third-last interest rate announcement...
Governing Council was out for August, but tomorrow — on Wednesday, September 4 — they’ll be back for the third-last interest rate announcement...
The Bank of Canada delivered another interest rate cut, a trim to 4.25 per cent at its Wednesday policy meeting.
The Bank of Canada delivered another interest rate cut, a trim to 4.25 per cent at its Wednesday policy meeting.
The quarter percentage point rate cut was widely expected by forecasters, given ongoing softness in the economy and easing inflation.
OTTAWA — The Bank of Canada delivered its third consecutive interest rate cut Wednesday, bringing its key lending rate to 4.25 per cent.
The European Central Bank is likely to cut rates by 0.25 percentage points on Thursday
The United States’ central bank is certain to cut interest rates, with a 25 basis point cut now looking the most likely outcome.
The United States’ central bank is certain to cut interest rates, with a 25 basis point cut now looking the most likely outcome.
Experts are widely expecting the Bank of Canada to lower its key policy rate by a quarter of a percentage point to 4.25 per cent on Wednesday.