Canada’s June inflation data has cleared the way for a second rate cut by the Bank of Canada (BOC) to 4.5%, when it meets next week and updates its quarterly
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
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
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
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
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
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
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
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
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
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
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
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,
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
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
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,
