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BoC cuts rate by 50 bps
BoC's Governor Macklem: Core inflation is easing as expected
Despite the anticipated rate cut, the central bank's overall stance is expected to lean towards the bearish side, particularly against the backdrop of declining inflation, further cooling of the labour market, and GDP running below the bank’s latest forecasts.
Toronto stocks fall; BoC cuts rate by 50 bps
Canada's main stock index slipped on Wednesday due to falling commodity stocks, as investors evaluated a half-point interest rate cut by the Bank of Canada and anticipated further reductions in the future.
TSX Ends Lower Despite BoC's Sharp Rate Cut
The Canadian market ended weak on Wednesday, hurt by losses in technology, energy and materials stocks. Despite the Bank of Canada's
Canadian Dollar weakens further after outsized BoC rate cut
The Canadian Dollar (CAD) receded on Wednesday, backsliding another 0.2% against the US Dollar after the Bank of Canada (BoC) delivered a widely expected 50 bps rate cut. Rate traders are already pricing in a further double rate cut in December as the BoC grapples with Canada’s rapidly deflating economic landscape.
BoC delivers half percentage point rate cut, says it now must keep inflation at 2%
The Bank of Canada delivered a supersized interest rate cut Wednesday in response to the recent decline in inflation, bringing its key policy rate down by half a percentage point.
BoC delivers half percentage point rate cut
The Bank of Canada delivered a supersized interest rate cut Wednesday in response to the recent decline in inflation, bringing its key policy rate down by half a percentage point. With annual price growth now around 2%, the central bank says its job has shifted from lowering inflation to maintaining it around the inflation target.
Energy, Materials Stocks Dragging Down Canadian Market; BoC Cuts Rate By 50 Bps
Despite the Bank of Canada's big 50-basis point interest rate cut, the Canadian market is languishing in negative territory on
Canadian Dollar Falls Ahead of BOC Rate Decision
The Canadian dollar falls ahead of the Bank of Canada’s interest rate decision at 1345 GMT. There is much to suggest the BOC will accelerate the pace of interest-rate cuts with a 50 basis-point move,
TSX futures slip ahead of BoC rate decision
Futures tied to Canada's main stock index fell on Wednesday, hurt by crude prices, ahead of the Bank of Canada's monetary policy decision that is expected to result in an outsized interest rate cut. December futures on the S&P/TSX index were down 0.
18h
on MSN
TSX opens lower ahead of BoC policy decision
Canada's main stock index opened lower on Wednesday, hurt by mining stocks, ahead of the Bank of Canada's monetary policy ...
18h
CP NewsAlert: BoC delivers half-percentage point rate cut, bringing it to 3.75%
OTTAWA - The Bank of Canada cut its key interest rate by half a percentage point, bringing it to 3.75 per cent.
Yahoo Finance
17h
'Canadians can breathe a sigh of relief,' Macklem says, as BoC cuts by 50 basis points
The Bank of Canada cut its benchmark interest rate by 50 basis points to 3.75 per cent on Wednesday, marking its fourth ...
Exchange Rates
1h
Pound Canadian Dollar Outlook: GBP/CAD Muted Despite Bumper BoC Rate Cut
The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range on Wednesday as markets digested the Bank of ...
阿思達克財經網
5h
BOC HONG KONG (02388.HK) Sees Surge in Customer IPO Subscriptions
Banco Yiu, Assistant General Manager of the Personal Digital Banking Product Department at BOC HONG KONG (02388.HK), stated ...
18h
Why the jumbo BoC rate cut won't change the landscape for those trying to qualify for a mortgage
The real-estate landscape currently "favours" first-time buyers, even if an interest rate cut isn't likely to increase their ...
1d
USD/CAD trades sideways as BoC policy takes centre stage
The USD/CAD pair consolidates in a tight range above the round-level support of 1.3800 in Tuesday’s European session. The ...
pna
3d
BOC's October ops net P3.09-B worth of smuggled goods
The Bureau of Customs (BOC) has seized a total of PHP3.09 billion worth of smuggled goods, including illegal drugs and ...
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Bank of Canada
inflation
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