Policy

Rate cuts have miles to go before BoC sleeps Rate cuts have miles to go before BoC sleeps

Policy

Rate cuts have miles to go before BoC sleeps

Despite initial cut, monetary policy remains restrictive, and economy faces other headwinds

By James Langton |June 20, 2024

2 min read

BoC considered waiting until July to cut interest rates, summary says BoC considered waiting until July to cut interest rates, summary says

Policy

BoC considered waiting until July to cut interest rates, summary says

While there was concern progress could stall, consensus was inflation would continue downward momentum

By Nojoud Al Mallees, The Canadian Press |June 19, 2024

2 min read

BoC deputy governor says bar for using QE again will be very high BoC deputy governor says bar for using QE again will be very high

Policy

BoC deputy governor says bar for using QE again will be very high

The central bank is working to rebuild trust with the public and be transparent in how it works

June 13, 2024

2 min read

Fed envisions just one rate cut this year Fed envisions just one rate cut this year

Policy

Fed envisions just one rate cut this year

Officials say there’s been “modest further progress” toward the 2% inflation target

By Christopher Rugaber, The Associated Press |June 12, 2024

3 min read