Bank of Canada cuts key rate to 1.25% amid coronavirus concerns
Says it’s becoming clear the Canadian economy won’t grow as much as previously forecasted for the first quarter of the year.
Bank of Canada keeps key interest rate target on hold at 1.75%
Early evidence the global economy is stabilizing and growth is still expected to edge higher over the next couple of years.
Bank of Canada holds interest rate, views oil slump as temporary soft patch
The bank is now projecting growth to be just 1.7 per cent in 2019.
B of C expected to hold interest rate as economic clouds gather
Lower growth prospects expected to reinforce Poloz’s strategy of moving very gradually on increases to overnight rate.
Bank of Canada holds interest rate for now, puts more focus on NAFTA
BoC concerned with NAFTA implications for inflation.
Fed raises key rate and sees possible acceleration in hikes
Foresees four rate hikes this year, up from the three it had previously forecast.
Bank of Canada holds interest rate as it ponders timing of next hike
Poloz says economy’s unable to continue running at full tilt without the power of lower rates.