On April 10, 2024, the Bank of Canada kept interest rates unchanged.
On April 10, 2024, the Bank of Canada kept interest rates unchanged. The Bank of Canada confirmed on April 10th that they will keep interest rates stable at 5.00%. This decision aligns with Perch's forecast, which anticipated no change in interest rates due to sluggish inflation and a stretched ec
Here's all you need to know about the increase in interest rates in July,
On July 12th, the Bank of Canada made an announcement stating their intention to raise the key interest rate by 25 basis points. This marks the third increase this year as the Bank of Canada continues to assess the impact of ongoing rate hikes on inflation. In May, the previous rate hike raised the
Bank Of Canada-Rate Watch
On March 8th, for the first time in a year, the Bank of Canada left its overnight target rate unchanged. This is the Bank's first rate hold of this rate-hike cycle, which began in March 2022. The move was expected by the markets.The Bank indicated "Governing Council will continue to assess economic
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