Bank of Canada

Bank of Canada holds key rate steady at 5%, says economy is weakening Bank of Canada holds key rate steady at 5%, says economy is weakening

Economic Indicators

Bank of Canada holds key rate steady at 5%, says economy is weakening

Central bank says it's ready to raise interest rates further if needed

By The Canadian Press |September 6, 2023

3 min read

Political pressure to stop rate hikes now coming from premiers, as BoC decision nears Political pressure to stop rate hikes now coming from premiers, as BoC decision nears

Economic Indicators

Political pressure to stop rate hikes now coming from premiers, as BoC decision nears

Most forecasters are convinced the central bank will stay on the sidelines this week

By Nojoud Al Mallees, The Canadian Press |September 5, 2023

3 min read

As inflation jumps to 3.3%, economists say uptick is bad news for BoC Fallback Image Decorative pattern

Economic Indicators

As inflation jumps to 3.3%, economists say uptick is bad news for BoC

Core measures of inflation eased slightly last month

By Nojoud Al Mallees, The Canadian Press |August 15, 2023

3 min read

Economists expect rise in inflation as price growth fight enters new phase Economists expect rise in inflation as price growth fight enters new phase

Economic Indicators

Economists expect rise in inflation as price growth fight enters new phase

An increase in July's report probably wouldn't be a complete surprise to the Bank of Canada

By Nojoud Al Mallees, The Canadian Press |August 14, 2023

3 min read