Bank of Canada, jobless rate

Fewer Canada Rate Cuts Expected Due to Improving Data
TD Securities scaled back its call for interest rate cuts from the Bank of Canada, citing improving economic data.
Odds of Bank of Canada interest rate cut in March drop after jobs beat
Canada’s jobless rate has fallen for two consecutive months, as it dropped to 6.8 per cent in December from a recent peak of 6.9 per cent in November. Prior to that, the unemployment rate had been on a steady rise from a post-pandemic low of 4.6 per cent in July 2022.
Trump tariffs would push Bank of Canada to cut interest rates more this year, says BMO
U.S. President Donald Trump’s tariffs would push Canada’s economy into a recession and cause unemployment to surge, BMO’s chief economist said in a research note, likely pushing the Bank of Canada to cut its benchmark interest rate at its next six meetings through October.
Bank of Canada Cut Rates to Shield Economy From Possible Trade Fallout, Minutes Say
A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to agree on a quarter-point rate cut last month, according to minutes summarizing central bank deliberations.
Bond Traders Add Wagers on Emergency Rate Cut by Bank of Canada
Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of Canada to blunt the economic impact of tariffs the US said will take effect Tuesday.
Bank of Canada: GDP level would be permanently hit by protracted U.S. trade war
The Bank of Canada's governing council felt that a protracted trade conflict with the U.S. would permanently shrink the level of domestic GDP, the minutes of a policy decision meeting showed on Wednesday.
Bank of Canada rate cut reflects U.S. tariff threat, officials fear permanent GDP hit
Bank of Canada officials decided to cut its benchmark interest rate by 25 basis points to 3% last month to better balance inflation risks, and support the economy in light of U.S. President Donald Trump's tariff threat as "the adverse impact on the level of GDP would be permanent.
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10 steps to take with the Bank of Canada interest rate change: How 1.2 million mortgage holders can prepare
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The Bank Of Canada Cuts Key Interest Rate to 3%
The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of ...
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Trump's tariffs could increase home prices and mortgage rates, some experts say
"In his first term, President Trump instituted tariffs that helped level the playing field for American industry and workers ...