by adminpro | Jul 14, 2023 | Sin categoría
The Bank of Canada hikes rates by 25 bps The Bank of Canada raised its key lending rate this morning by 25 basis points, bringing it to a 22-year high of 5.00%. This is the Bank’s 10th rate increase since it began this rate-hike cycle in March 2022. In its... by adminpro | Jun 9, 2023 | Sin categoría
The Bank of Canada raised its key lending rate this morning by 25 basis points this morning, bringing it to 4.75%. This is the Bank’s second rate hike of the year following two pauses in March and April. In its statement, the Bank said today’s decision reflects its... by adminpro | Apr 14, 2023 | Sin categoría
The Bank of Canada delivered a rate pause this morning, leaving its key lending rate unchanged at 4.50%. This is the Bank’s second pause following eight consecutive rate increases, which raised the overnight target rate by 425 bps since March 2022. In its statement,... by adminpro | Nov 2, 2022 | Sin categoría
The Bank of Canada raised its key lending rate by 50 basis points this morning, bringing it to 3.75%. In its statement, the Bank said interest rates will need to rise further to control inflation, but that future increases, “will be influenced by our assessments of... by adminpro | Sep 8, 2022 | Sin categoría
The Bank of Canada raised its key lending rate by 75 basis points this morning, bringing it to 3.25%. In its statement, the Bank said, “short-term inflation expectations remain high” and that inflation risks becoming “entrenched” the longer it remains elevated. As a...
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