Economists don\u0027t believe the Bank of Canada is ready to hit the brakes on its interest rate\u002Dhiking cycle just yet.
Play Video
After raising rates again in December, the Bank of Canada signalled it was open to pressing pause on its aggressive rate-hiking cycle, depending on upcoming economic data releases.Article content For months, market-watchers have been trying to guess when the central bank would be ready to stop raising rates, with some expressing optimism that December’s rate hike would be the last. However, this time, most forecasters seem to agree on a January hike, saying an increase next week would be the last increase of the cycle.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TSX Today | Inflation | Bank of Canada | BNN BloombergThere’s a lesson for anyone wanting expand their investments beyond a home to the wide world of real estate; real estate investment trusts (REITs) are the safer way to make money, Dale Jackson writes for
Read more »
Bank of Canada not ready to hit the brakes on rate hikes yet, economists say - National | Globalnews.caCanada's central bank is expected to announce its eighth consecutive rate increase on Wednesday, with most commercial banks forecasting a raise of a quarter-percentage point.
Read more »
Grocer code of conduct likely won’t lower food costs for Canadians, say economistsAs public suspicion of profiteering by grocers mounts, the federal government has promised a new grocery code of conduct. But most experts in food economics say it’s unlikely to help Canadians with their grocery bills.
Read more »
BoC expected to deliver eighth consecutive rate hike, but it's probably the last one - BNN BloombergEconomists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy is softening.
Read more »
BoC expected to deliver eighth consecutive rate hike, but it's probably the last oneEconomists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy is softening.
Read more »
Zellers to reopen with 25 locations across Canada early this yearZellers stores are opening in 25 locations in 7 provinces this year. Find out if there\u0027s a Zellers store coming to a location near you.
Read more »