Interest rate

Economic Indicators

ECB offers further hint of stimulus withdrawal

The European Central Bank has tweaked its main monetary policy statement

By Staff, with files from The Associated Press |March 8, 2018

2 min read

Economic Indicators

BoC holds key rate, citing U.S. trade uncertainty

The Bank of Canada (BoC) today maintained its target for the overnight rate at 1.25%, citing the growing uncertainty around trade. The bank rate is correspondingly 1.5%, and the deposit rate is 1%. In a press release, the central bank said global growth remains solid and broad-based, and it noted that U.S. government spending and […]

By Staff |March 7, 2018

3 min read

Economic Indicators

Why the BoC will hold rates this week

The Bank of Canada is widely expected to hold overnight rates steady at 1.25% at its next decision Wednesday, industry experts say. In a weekly economics report, Derek Holt, vice-president and head of capital markets economics at Scotiabank, says trade policy uncertainty between Canada and the U.S. is among “compelling reasons” to pause the hike […]

By Staff |March 5, 2018

3 min read

Industry

Fed chair hints at rate hike

He says bright prospects for growth and employment will allow the Fed to continue raising its key policy rate at a gradual pace.

By Staff, with files from The Associated Press |February 27, 2018

4 min read

When the expansion will end—and how to protect portfolios

Though market volatility in early February motivated plenty of speculation about the cycle’s end, some are willing to put their fears to rest. “Don’t fear the recession reaper this year,” says BMO senior economist Sal Guatieri, in a weekly financial digest. However, at the same time, he has a warning: “Investors would be wise to […]

By Staff |February 26, 2018

4 min read

Fed leaves key rate unchanged at Yellen’s final meeting

The Federal Reserve has left its benchmark interest rate unchanged but signalled that it expects to resume raising rates gradually to reflect a healthy job market and economy. At Janet Yellen’s final meeting as chair Wednesday, the Fed kept its key short-term rate in a still-low range of 1.25% to 1.5%. Yellen led a cautious […]

3 min read

Interest rate

ECB offers further hint of stimulus withdrawal

BoC holds key rate, citing U.S. trade uncertainty

Why the BoC will hold rates this week

Fed chair hints at rate hike

When the expansion will end—and how to protect portfolios

The story behind Canada’s December retail slump

What market turbulence means for Fed rate hikes

Are fixed income fears unfounded?

Fed leaves key rate unchanged at Yellen’s final meeting

Last chance for family loans: prescribed rates to rise April 1