You blink, and another interest rate decision is not even 24 hours away, begging the question of whether the Bank of Canada will make last month’s cut the start of a trend by bringing the policy rate to a more palatable level, or leave it be at 4.75% until their next meeting in September.In what now...| STOREYS
On the heels of encouraging data releases on the inflation and employment fronts, the Bank of Canada (BoC) has announced a quarter-point cut to its policy interest rate, bringing it down to 4.5% and cementing the fact that we’re firmly in an easing cycle. “With broad price pressures continuing ...| STOREYS
In a widely anticipated move, the Bank of Canada (BoC) has announced another quarter-point decrease to its policy interest rate, bringing it down to 4.25%. This marks the third consecutive meeting to culminate in a quarter-point cut.“In Canada, the economy grew by 2.1% in the second quarter, led by ...| STOREYS
