Reports Tagged: BOC

June 05, 2024

With increased confidence its restrictive monetary policy is pushing down inflation, the Bank of Canada (BOC), as we had been expecting, cut rates 25 bps to 4.75% today and set

April 10, 2024

Progress on the next two Canada inflation readings will likely be enough to convince the Bank of Canada (BOC) to cut rates at its June 5 meeting, in the first

April 04, 2024

Sticky inflation expectations coupled with still robust employment growth may have pushed out the Bank of Canada’s (BOC) timing for a first interest rate cut but likely only by a

January 29, 2024

When the Bank of Canada (BOC) held rates at 5% for a fourth consecutive meeting and turned away from its hiking bias last week, Governor Tiff Macklem all but declared

December 05, 2023

With Governor Tiff Macklem having all but declared the peak in the Bank of Canada’s (BOC) hiking cycle, this week’s meeting will hold rates at 5% and likely pivot to

October 24, 2023

With Canadian activity sliding and the Bank of Canada (BOC) winning its tenacious campaign to wrestle inflation back toward its 2% target, it can afford to hold its policy rate

August 31, 2023

The Canadian and Australian central banks, either finishing out or done with tightening, are turning their attention to how to fend off growing speculation that rate cuts will be brought

July 06, 2023

Forced to resume rate hikes after stopping too soon, two central banks are once again trying to slow the pace of their final moves but they’re not done yet. After

May 22, 2023

The latest Canadian inflation report may not yet have pulled the Bank of Canada (BOC) from the sidelines to resume tightening but by the time of the June 7 policy

April 04, 2023

The Bank of Canada (BOC) is set to hold its key overnight cash rate at 4.5% when it next meets on April 12 after it paused its tightening cycle March

March 06, 2023

For all the political blowback on Governor Tiff Macklem during his bid to wrestle inflation lower, the Bank of Canada (BOC) finally appears to be catching a break. The BOC

January 11, 2023

With a recession looming, some on the Governing Council at the Bank of Canada (BOC) thought the 50 basis points hike they delivered in December could have been the last

December 01, 2022

Impatient that Canadian inflation is not yet broadly declining, the Bank of Canada (BOC) will likely deliver its last 50bp of the cycle when the governing council meets next week,

October 25, 2022

Inflation data has thrown the Bank of Canada (BOC) a tactical curveball in its hiking campaign that may prompt another 75bp hike this week before it steps down to 50bp

September 06, 2022

Keen to retain market faith in its resolve to wring out inflation, the Bank of Canada (BOC) looks set to continue front loading rate hikes with another 75bp move this

June 23, 2022

The Bank of Canada (BOC) is not messing around. Governor Tiff Macklem has warned he will take rates into restrictive territory (above 3.0%), in order to get inflation under control,