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Bank of Canada

  • Blog

Does Weaker Canadian Economic Data Point to a Pause in Interest Rate Hikes?

The Bank of Canada has been aggressively raising interest rates to cool the economy and stave off a recession. Since…

3 years ago
  • Blog

Inflation Is in the Bank of Canada’s Target Range at 2.8%

Canada’s inflation rate has been declining at a steady pace over the last year, from 8.1% in June 2022 to…

3 years ago
  • Blog

Interest Rates Are at the Highest Level: Are More Rate Hikes to Come?

Canada’s inflation rate peaked at 8.1% in June 2022. A year later and its at 3.4%. That’s a big drop,…

3 years ago
  • Blog

Strong Retail Sales Points to July Interest Rate Hike by Bank of Canada

The Bank of Canada has raised interest rates nine times since the start of 2022, from 0.25% to the current…

3 years ago
  • Blog

Bank of Canada Unexpectedly Raises Interest Rates While the Federal Reserve Pauses It’s Rate Hikes

Depending on who you talk to, stocks are either going way up or way down. Right now, the trend is…

3 years ago
  • Blog

Bank of Canada Hikes Interest Rates to the Highest Level in 22 Years

The Bank of Canada surprised some when it resumed its monetary tightening policy, increasing its benchmark interest rate by 25…

3 years ago
  • Blog

TSX Trends Lower as Canadian Economy Heats Up, Sparking Concerns of a Rate Hike

The Toronto Stock Exchange, Canada’s main stock index, is trading at its lowest level since March, as crude oil prices…

3 years ago