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.
Toronto Stocks Slide as BoC Cuts Rates; CN Rail Rises on Recovery Momentum
Toronto stocks were mildly lower Wednesday mid-session. The Bank of Canada cut its main interest rate by a half-point, to 3.75%, with the aim of giving the country's struggling economy a jolt of hefty stimulus with inflation returning to the 2% mark sooner than predicted.
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.
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 ...
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FxWirePro: USD/CAD bulls undeterred after BoC rate decision, eyes 23.6%fib resistance
USD/CAD rose on Wednesday after the Bank of Canada cut its key policy rate by a large 50 basis points to 3.75% The currencys ...
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How to Take Advantage of moves in (BOC)
Check the time stamp on this data. Updated AI-Generated Signals for Boston Omaha Corporation Class A (BOC) available here: ...
Falling inflation a good sign — but Canadians still feeling impact of increased prices: BoC
Prices have increased — and Canadians feel that even as inflation cools, BoC official says DESC: Bank of Canada senior deputy ...
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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 ...
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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 ...
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.
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 ...