Tag #Bank Of Canada

Showing 25 to 33 of 33 results

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Canada's Unexpected Job Boom Fuels Debate on Interest Rates

Canada's economy added 91,000 jobs in December 2016, exceeding expectations significantly, lowering the unemployment rate to 6.7 percent and sparking debate about the Bank of Canada's interest rate policy amidst concerns about U.S. tariffs and a potentially weakening Canadian dollar.

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40% Bias Score

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Canadian Dollar Shows Signs of Stabilization Amidst Political Uncertainty

The Canadian dollar is at its weakest since March 2020 at 69.8 cents U.S., but stabilizing economic data and a potential change in government suggest a less bearish outlook, despite the recent political turmoil in Canada and the previous threat of a 25% U.S. tariff.

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Bank of Canada Shifts to Gradual Rate Cuts Amidst Economic Uncertainty

The Bank of Canada shifted to a more gradual approach to monetary policy due to a tepid labor market, weaker-than-expected GDP growth, and significant uncertainty surrounding US tariffs and immigration policy changes.

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40% Bias Score

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Bank of Canada Cuts Rates, Signals Slower Pace of Cuts Ahead

The Bank of Canada cut its key interest rate by half a percentage point to 3.25 per cent on Wednesday, its fifth cut since June, amid rising economic uncertainty and slowing growth, signaling a potential slowdown in the pace of future rate reductions.

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Canadian Inflation Rises, Impacting Interest Rate Outlook

Canada's inflation rate rose to 2% in October, prompting potential shifts in the Bank of Canada's interest rate policy.

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Canada's October Economic Growth Exceeds Expectations, but November Contraction Looms

Canada's economy unexpectedly grew by 0.3 percent in October due to increased oil and gas extraction and manufacturing, but November likely saw a 0.1 percent contraction, potentially affecting the Bank of Canada's growth projections for the fourth quarter.

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Loonie's Plunge Creates Investment Dilemma for Canadians

The Canadian dollar has fallen to a four-year low against the U.S. dollar, creating a dilemma for investors holding U.S.-dollar assets, who are seeing unexpectedly high returns in Canadian dollar terms due to the currency exchange, despite the Bank of Canada's interest rate cuts and trade uncertaint...

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Canadian Household Interest Payments Decline as Debt-to-Income Ratio Falls

Canadian household interest payments fell 0.6% to $176.9 billion in Q3 2023, the debt-to-income ratio dropped to 1.73, and the savings rate hit a three-year high of 7.1%, suggesting improved financial health despite income inequality and upcoming mortgage resets.

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Canada Unemployment Jumps to 6.8%, Fueling Rate-Cut Bets

Canada's unemployment rate unexpectedly rose to 6.8 percent in November, the highest since 2017, despite a 50,500 job increase, prompting increased expectations for a significant interest rate cut by the Bank of Canada next week.

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36% Bias Score

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Showing 25 to 33 of 33 results