Canada’s central bank moved aggressively to drop its policy rate by 50 basis points, to 1.25%, following action taken by the Federal Reserve on Tuesday. … READ MORE >
Bank of Canada
Holding interest rates steady, Bank of Canada keeps the door open for a cut
The tone of the Bank of Canada’s policy statement would imply that it stands ready to cut rates to bolster the domestic economy should growth slow. … READ MORE >
The Bank of Canada’s dilemma — stability versus rate cut
While maintaining the overnight rate at 1.75% would appear to be prudent at the very least, we would argue that the Bank of Canada should strongly consider cutting rates in the near term. … READ MORE >