Changes in domestic interest rates affect the value of the Canadian dollar less than changes in the risk premium do. These ...
“Due to our updated assessment of precautionary demand, we have revised the range upward to between $50 to $70 billion,” said Gravelle. Most of the central bank’s asset purchases are comprised of Bank ...
This reduction in rates comes at a slower pace after back-to-back 50 basis points cuts. The Bank of Canada (BoC) is the nation's central bank. Its principal role, as defined in the Bank of Canada ...
The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by a quarter point, noting consumer ...
The Bank of Canada’s benchmark rate has now fallen by a full two percentage points since the middle of last year. The central ...
The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, but many were not confident about the outlook beyond that given ...
When it comes to the end of QT, the central bank plans to maintain the amount of settlement balances in Canada’s financial system at around $50-billion to $70-billion. That’s higher than the ...