The BoC is done cutting rates for now.
All tagged Rate Forecast
Bank of Canada Continues Path toward a 'Neutral' Rate
The BoC is more concerned with averting a recession than controlling inflation.
Higher interest rates and inflation are impacting the housing market
Mortgage rates high, housing market cooling
Bank of Canada Holds Rate, Maintains Tightening Despite Cooling Inflation
Rates are now expected to remain higher for longer.
Bank of Canada Walks Tightrope: Rate Cuts Risk Reigniting Housing Market
Cutting rates too soon could reignite the housing market, undermining progress on inflation.
Bank of Canada Holds Rate at 5%
Signalling Continued Caution Despite Easing Inflation
Canadian Inflation Rises to 3.4% in December, Is Relief on the Horizon?
Canadians felt the pinch a bit tighter in December as inflation ticked up to 3.4%
Bank of Canada Expected to Hold Policy Rate Steady Amid Inflation and Economic Concerns
Rates are not expected to drop any time soon.