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.
Bank of Canada underlines NAFTA risks as it hikes interest rate
Strong economy cited, but trade deal uncertainties cast a widening shadow over its outlook.
Bank of Canada holds rate, but signals hikes are on the horizon
Exports have slipped more than expected in recent months, but trade growth to pick with rising foreign demand.
Loonie soars more than a cent as Bank of Canada hikes interest rate
Interest rates slashed in 2015 to help the economy deal with a plunge in oil prices.
Bank of Canada expected stand pat on interest rate
Locking in at 0.5% as uncertainty continues to swirl around the US policy agenda on trade and taxation.
Bank of Canada holds interest rate, warns of ‘significant uncertainties’
Bank says some US proposals would have “material consequences” for Canadian investment and exports.
B of C sticks with 0.5% interest rate amid stronger yet uncertain global economy
Uncertainty creating a negative effect on business confidence, investment.
Central bank raises economic concerns, holds interest rate at 0.5%
Concern follows news that the economy contracted at an annual pace of 1.6% in Q2.
BoC holds 0.5% rate as resource sector adjusts
Lower dollars absorbs some of the impact of lower commodity prices.