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Bank of Canada

  • Blog

TSX On a Tear, Up 12% Since November. But Is It Justified?

Between January 1 and October 31, 2023, the TSX lost 3.3% of its value. But from November 1, 2023 to…

2 years ago
  • Blog

Bank of Canada Done With Rate Hikes, But When Is First Interest Rate Cut Coming?

The Bank of Canada held its key lending interest rate at 5% for the fourth consecutive meeting. Of particular note,…

2 years ago
  • Blog

Canadian Inflation Rises 3.4% in December—How Will the Bank of Canada Respond?

Statistics Canada announced that the country’s inflation rate in December ticked up to 3.4%, which is up from 3.1% in…

2 years ago
  • Blog

U.S. Inflation Unexpectedly Heats Up in December, But Rate Cuts Still Expected

The December Consumer Price Index, or CPI, which measures U.S. inflation, rose 0.3% month over month. to 3.4%. This is…

2 years ago
  • Blog

Canada’s Inflation Slows to 3.1% in October—Will This Shut the Door on Additional Rate Hikes?

Statistics Canada announced that Canada’s inflation rate slowed to 3.1% in October, that’s down significantly from the 3.8% reading in…

2 years ago
  • Blog

Canada’s Inflation Rate Unexpectedly Falls to 3.8% in September

Canada’s inflation rate unexpectedly dipped in September to 3.8%. That’s down from 4.0% in August. The 3.8% figure is below…

2 years ago
  • Blog

Additional Interest Rate Hikes Still on the Table But Canada Is Not Headed for a Recession

Bank of Canada Governor Tiff Macklem said that the central bank’s aggressive interest rate policy is working at bringing down…

3 years ago
  • Blog

Where Should Investors Turn if Canada Enters a Recession?

With many economists and analysts still predicting Canada will enter a recession in 2024, investors may be wondering what they…

3 years ago
  • Blog

TSX Falls After Canada’s Inflation Jumps to 4.0% In August

Canada’s inflation rate unexpectedly jumped in August for the second month in a row. This increases the odds that the…

3 years ago
  • Blog

Bank of Canada Holds Interest Rate at 5% as Economy and Corporate Earnings Slow

On September 6, the Bank of Canada announced it was holdings its key interest rate at 5%. In a prepared…

3 years ago