Inflation slows ahead of Bank of Canada’s 1st rate decision of 2025
The Bank of Canada will be poring over the latest inflation figures ahead of its first interest rate decision of the year, set for Jan. 29. …
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Category: interest rate
How Trump’s tariff threats might impact the U.S. Fed’s interest rates
One U.S. Federal Reserve official was adamant in comments that he expects to see more interest rate cuts from the American central bank this year, regardless of possible tariffs. …
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Bank of England holds key rate as it warns of ‘heightened uncertainty’
The Bank of England kept its main interest rate unchanged at 4.75 per cent with new data showing inflation rising to 2.6 per cent, further above the bank’s two per cent target. …
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A 30-year mortgage with no rate hikes: Can the U.S. model work in Canada?
The federal government says it wants to explore bringing longer-term mortgages like those seen in the United States to Canada. Here’s why that might be challenging. …
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U.S. Fed delivers 3rd-straight rate cut, but sees pace slowing in 2025
The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their previous estimate in September of four rate cuts. …
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Insured mortgage cap hike a ‘game changer’ for some homebuyers
New rules coming into effect on Sunday could see Canadians take out insured mortgages on properties worth up to $1.5 million and expand the availability of 30-year amortizations. …
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Bank of Canada cuts rates by half a point but signals ‘more gradual’ pace
The Bank of Canada delivered its second straight interest rate cut of half a percentage point on Wednesday, but signalled a slowdown in easing for 2025. …
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‘Stubborn’ fixed mortgage rates might not fall despite Bank of Canada cut
Even after a second consecutive 50-basis-point interest rate cut on Wednesday, some experts warn fixed mortgage rates in Canada will not move materially lower. …
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U.S. inflation ticks higher ahead of Fed’s interest rate decision
Last week, Fed Chair Jerome Powell suggested that with the economy generally healthy, the Fed could reduce its key rate slowly. Here’s how fresh inflation figures affect that. …
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