News

As of September 4, 2024, the Bank of Canada interest rate is 4.25%. This is the third, consecutive drop in the BoC's overnight rate — the target interest rate that influences prime rate used by ...
The Bank of Canada cut its rate last week by 25 basis points to 2.75 per cent, but said it would be keeping a close eye on inflation when making future rate decisions.
May inflation figures showed marginal improvements in some of the Bank of Canada's closely watched price figures — a step in ...
The Bank of Japan may take a long pause before raising interest rates again, but it has still left scope for action this year ...
The annual pace of inflation held steady at 1.7 per cent in May as cooling shelter costs helped tame price pressures, Statistics Canada said Tuesday. Shelter costs rose three per cent in May, StatCan ...
The Fed will almost certainly keep the short-term rate it controls at about 4.3%, where it has stood since December.
January’s inflation rate was 1.9 per cent. Core inflation is forecast to jump to a rate of 3.1 per cent in Canada in 2025, breaching the top end of the Bank of Canada’s target range. The OECD’s report ...