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  1. 23 hours ago · Bank of Canada. While experts and consumers alike hope for a cut in the key interest rate, the Bank of Canada continues to prolong the wait. Will the central bank continue to hold at 5.00% at its June 5 meeting? We spoke to Matthieu Arseneau, deputy chief economist with National Bank Financial, to learn more. The case for a rate cut

  2. 2 days ago · Photo by SUBMITTED/BNI Brunswick News. Dawn Desjardins, senior economist at Deloitte Canada, talks with Financial Post’s Larysa Harapyn about what the latest inflation data means to the Bank of Canada and interest rates. Deloitte is forecasting 75 basis points of cuts in 2024 with the first one in June and two more in the second half of the year.

  3. May 2, 2024 · The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank's governor, Tiff Macklem, told MPs Thursday. "We do see ...

  4. 6 days ago · On Tuesday, Statistics Canada reported that Canada’s annual inflation rate fell to 2.7 per cent in April, down from 2.9 per cent a month prior. Andrew Grantham, executive director of economics at CIBC, said the data “provided the all clear” for the Bank of Canada to begin cutting rates. This advertisement has not loaded yet, but your ...

  5. 5 days ago · For all the flaws of the 2024 budget, this signals that the government at least knows when to get out of the central bank’s way. Bank of Canada Governor Tiff Macklem has hinted that he is ...

  6. 5 days ago · James Thorne. Special to The Globe and Mail. Published May 22, 2024. The central bank’s commitment to high rates is an overdose of prudence, guided by the rigid dogma that threatens to smother ...

  7. May 12, 2024 · There’s been a lot of angst about when and how deeply central banks will cut interest rates, but there hasn’t been much movement yet. The United States Federal Reserve last week held its benchmark rate at 5.25 per cent to 5.5 per cent, but it at least signalled that it doesn’t intend to raise rates and policymakers even indicated three ...