The U.S. Federal Reserve said on June 12 that it was holding its key interest rate unchanged at approximately 5.5%,…
The Bank of Canada cut its key lending rate by 25 basis points to 4.75%, the first rate cut since…
After dealing with decades-high inflation, Canadian consumers are beginning to see the effects of the Bank of Canada’s aggressive interest…
Persistently high interest rates are taking a big bite out of the Canadian economy. In February, Canada’s gross domestic product…
According to Statistics Canada, the country’s inflation rate inched up to 2.9% in March, juiced by higher gasoline prices. That’s…
Over the last two years, the Bank of Canada and the U.S. Federal Reserve have taken drastic steps to cool…
It looks like the Bank of Canada will get what it wanted, a soft economic landing, in which growth has…
Canada’s inflation rate continues to surprise to the downside. After unexpectedly cooling to 2.9% in January, economists expected the headline…
Canada’s inflation rate unexpectedly slipped below 3% in January, into the Bank of Canada’s target range of 2% to 3%.…
The Bank of Canada delivered a pleasant surprise when it announced that the country’s inflation rate slowed more than expected…