Rate hike could come in December
Robust domestic economy suggests Bank of Canada is in no rush to join Fed in lowering rates
Rate cuts are likely to be back on BoE agenda soon
Central banks seek to clarify mandates
Economists divided on timing of future rate hikes
Size of cut remains very unclear, says BCA research
25 bps of that could come by Sept. 18
Bush moves to aid U.S. homeowners
Market expectations for a rate cut before the end of the year are clearly overdone
The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the key overnight interest rate at 4.50% when it makes its next announcement on September 5.Eight of the nine members attending the meeting supported the call for an unchanged rate at the upcoming setting, while one […]