The BoC lowered its target for the overnight rate by a 0.25% to 4.75% and will continue its policy of balance sheet normalization.

The BoC has now maintained this rate of 5% since July 12, 2023. Inflation still remains sticky but the BoC expects inflation to slow...

Today, March 6, 2024, the BoC held its target for the overnight rate at 5% and is continuing its policy of quantitative tightening. The...

It’s no surprise that the BoC held their overnight rate at 5% today for the 4th consecutive time. They did, however, suggest that...

Core inflation still remains elevated but is on a downward trend and the BoC remains focused on restoring price stability. Weaker growth...

Today, July 12, 2023, the Bank of Canada increased its target for the overnight rate by another 0.25% to 5% and continues with its policy...

The Bank of Canada today increased its target for the overnight rate by 0.25% to 4.75%. How does this increase affect mortgage holders...

The Bank of Canada (BoC) maintained its target for the overnight rate at 4½% at its meeting of April 12, 2023. This is the second...

Bank of Canada maintains policy rate, continues quantitative tightening March 8, 2023.

Today, the BoC made their first interest rate decision of 2023 by raising its policy rate to 4.50%, an increase of 0.25%. This is the...

The BoC increased its target overnight rate by 0.50% to 4.25%, the highest it's been since 2008. Today’s rate hike marks the seventh...

Today , the BoC increased its target overnight rate by 0.50% to 3.75%. This was lower than the 0.75% increase expected by most. The Bank...

Speech summary Carolyn Rogers - Senior Deputy Governor of the Bank of Canada Speaking a day after the Bank of Canada raised interest...

Monetary policy is also further being tightened by the BoC. This is the 5th increase in the overnight rate since March 2022 as the BoC...

The market was expecting a 0.75% increase. The Bank is also continuing its policy of quantitative tightening (QT). The aggressive action...

What? The Bank of Canada increased its overnight rate by 0.50% So? This was the biggest one-time increase in 22 years, since 2000, in an...