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Bank of Canada holds target for overnight rate at 2.25%, citing increased volatility in global energy prices/financial markets due to Middle East war; after growing 2.4% in '25 Q3, Can GDP fell by 0.6% in Q4; inflation fell to 1.8% in Feb from 2.3% in Jan.

as population growth slows and Canada adjusts to US protectionism. Consumer spending to hold up and business investment to strengthen gradually; BoC projects growth of 1.1% in '26 and 1.5% in '27. Key source of uncertainty is upcoming CUSMA review. #boc #bankofcanada #economy

Bank of Canada holds target for overnight rate at 2.25%, citing little change to outlook for global and Canadian economies, and vulnerable outlook due to unpredictable US trade policies and geopolitical risks. Economic growth projected to be modest in the near term.../2

Great news: Bank of Canada again reduces target for the overnight rate, by 25 basis points to 2.25%, citing uncertainty caused by US tariffs; projects GDP will grow 1.2% in 2025, 1.1% in 2026 and 1.6% in 2027. #Economy #InterestRates

Pervasive uncertainty created by continuously changing US tariff threats is restraining consumers’ spending intentions and businesses’ plans to hire and invest. #bankofcanada #interestrates #economy #tariffs #inflation

close to 2% target and robust GDP growth. Economy grew by 2.6% in Q4 of 2024 following upwardly revised growth of 2.2% in Q3. Employment growth strengthened Nov-Jan and unemployment rate declined to 6.6% before stalling in Feb.../3

BREAKING: Bank of Canada again reduces its target for the overnight rate to 2.75%, citing heightened trade tensions and US tariffs threatening to slow pace of economic activity and increase inflationary pressures. Cdn economy entered 2025 in a solid position, with inflation... /2

Bank of Canada again reduces target for the overnight rate, to 3%; recent cuts to have started to boost the economy; recent strengthening in consumption and housing expected to continue; GDP growth to strengthen in 2025, will grow by 1.8% in '25 and '26. #economy #interestrates

softer growth than projected, BoC decided to reduce the policy rate by a further 50 basis points to support growth and keep inflation close to the middle of the 1-3% target range. #economy #bankofcanada #boc #canadianeconomy #InterestRates #mortgagerates

grow more slowly than the labour force. Inflation has been about 2% since summer, and is expected to average close to 2% target over the next couple of years. With inflation around 2%, the economy in excess supply, and recent indicators tilted towards... /3

Great news, sort of: Bank of Canada again reduced its target for the overnight rate by 50 basis points to 3.25%. CDN economy grew by 1% in Q3, below BoC's Oct projection, and Q4 also looks weaker than projected. Unemployment rose to 6.8% in Nov as employment continued to... /2

If economy evolves in line with latest forecast, BoC expects to further reduce the policy rate. Next rate announcement is Dec. 11. #economy #bankofcanada #canadianeconomy #InterestRates #mortgagerates

forecasts GDP growth of 1.2% in '24, 2.1% in '25 and 2.3% in '26. Inflation has declined from 2.7% in June to 1.6% in September, prompting decision to reduce the policy rate by 50 basis points to support economic growth and keep inflation close to middle of 1% to 3% range... /4

Excellent news: Bank of Canada has reduced its target for the overnight rate to 3.75%, the fourth consecutive reduction. CDN economy grew 2% in the first half of '24 and is expected to grow 1.75% in second half. GDP growth is forecast to strengthen gradually supported by... /2

slowed further to 2.5% in July; excess supply in the economy continues to put downward pressure on inflation, while price increases in shelter and other services holding inflation up. Next rate announcement is Oct. 23, 2024. #bankofcanada #Economy #interestrates

Welcome news: Bank of Canada again reduces its target for the overnight rate to 4.25%, the third consecutive drop, signalling more to come. Canadian economy grew by 2.1% in Q2, led by gvernment spending and business investment, slightly stronger than forecast; inflation... /2

.... to rise in '24, reflecting population growth & recovery in household spending. Residential investment strengthening, responding to robust demand for housing. BoC forecasts GDP growth of 1.5% in '24, 2.2% in '25 and 1.9% in '26. #bankofcanada #economy #interestrates

... economy moved into excess supply. Broad range of indicators suggest labour market conditions continue to ease; employment has been growing more slowly than the working-age population and unemployment has risen gradually, reaching 6.1% in March. Economic growth forecast... /3

Not yet: Despite our hopes, the Bank of Canada has decided not to reduce its target for the overnight rate, holding at 5% and leading to speculation that the next rate announcement on June 5, 2024 will see a decrease. CDN economic growth stalled in second half of '23, and... /2