Bank of Canada

BoC can address banking system stress, even as it fights inflation: Macklem Fallback Image Decorative pattern

Economic Indicators

BoC can address banking system stress, even as it fights inflation: Macklem

Central bank is prepared to raise interest rates further if required

By Nojoud Al Mallees, The Canadian Press |May 4, 2023

3 min read

Bank of Canada considered raising interest rates at its last meeting Bank of Canada considered raising interest rates at its last meeting

Economic Indicators

Bank of Canada considered raising interest rates at its last meeting

Held off on a hike, but a cut in policy rate later this year ‘doesn't look like the most likely scenario’

By Nojoud Al Mallees, The Canadian Press |April 26, 2023

3 min read

Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023 Fallback Image Decorative pattern

Economic Indicators

Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023

Demand exceeds supply but inflation expected to drop to 2% by 2024

By The Canadian Press |April 12, 2023

3 min read

BoC likely to curb market’s rate-cut enthusiasm Fallback Image Decorative pattern

Economic Indicators

BoC likely to curb market’s rate-cut enthusiasm

Economists expect the central bank to sound hawkish on Wednesday while holding rates steady

By James Langton |April 11, 2023

2 min read