Bank of Canada governor said no further interest rate hikes will be needed if the economy stalls and inflation comes down. Read more
at a record pace to 4.5 per cent to tame inflation, which was 6.3 per cent in December, still well above the bank’s 2 per cent target. Last month, it said it would hold off on further moves to let the effects of past increases sink in.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
On Monday, a median of market participants surveyed by the central bank forecast borrowing costs would come down by half-a-percentage-point by the end of this year, and would fall further next year.Article content “We are prepared to raise interest rates further,” Macklem said on Tuesday, but the overall tone of the speech was more dovish than his comments following last month’s rate hike.
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Bank of Canada governor says no new rate hikes needed if economy develops as expectedBank of Canada governor said no further interest rate hikes will be needed if the economy stalls and inflation comes down. Read more
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Bank of Canada governor says no new rate hikes needed if economy develops as expectedBank of Canada governor said no further interest rate hikes will be needed if the economy stalls and inflation comes down. Read more
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Bank of Canada governor says no new rate hikes needed if economy develops as expectedBank of Canada governor said no further interest rate hikes will be needed if the economy stalls and inflation comes down. Read more
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Policy missteps drive Bank of Canada to reveal more about how it sets rates - BNN BloombergThe Bank of Canada has always kept the curtain closed on how it makes interest-rate decisions. That’s about to change.
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Pamela Anderson joins Food Network Canada, while HGTV Canada renews 'Garden of Eden'Corus Studios says the model, actress and animal activist serves as host and sous-chef on a new series with the working title, Pamela's Cooking With Love.
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Pamela Anderson joins Food Network Canada, while HGTV Canada renews 'Garden of Eden'Eight new episodes of “Pamela's Garden of Eden” are in production and will continue to follow Anderson's efforts to renovate her grandmother's legacy property on Vancouver Island.
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