Etiket: rate
Interest rate decision | The Bank of Canada’s board of directors is divided
Members of the Board of Directors of the Bank of Canada believe that the time has come to reduce interest rates while others believe that we must wait because there…
Interest rate reduction will vary from country to country, underlines Tiff Macklem
Bank of Canada Governor Tiff Macklem said central banks will make monetary policy decisions tailored to their own economies, meaning some countries could start cutting interest rates before others. Posted…
United States | Fed official still forecasts rate cut in 2024
(Washington) New York Fed President John Williams said Monday that a rate cut was still expected in 2024 despite the rebound in inflation in recent months and a still vigorous…
The Bank of Canada juggles a rate cut
Despite the decline in inflation and the rise in the unemployment rate, the time has not yet come to let our guard down, according to the Bank of Canada, which…
Quebec has the highest occupancy rate in the country in its shelters for victims of violence
It was Quebec that recorded the highest occupancy rate in its emergency shelters for victims of violence, the day in 2023 when Statistics Canada drew up a portrait of the…
Rebound in inflation in the United States, no rate cut in sight
The new rebound in inflation in the United States in March could definitively bury the prospect of a first rate cut by the Federal Reserve (Fed) at its meeting scheduled…
United States | Inflation higher than expected, prospect of rate cut recedes
(Washington) The new rebound in inflation in the United States in March could definitively bury the prospect of a first rate cut by the Federal Reserve (Fed) at its meeting…
The Bank of Canada maintains the rate at 5%
Despite the decline in inflation and the rise in the unemployment rate, the time has not yet come to let our guard down, according to the Bank of Canada, which…
Will the Bank of Canada lower its key rate?
The Bank of Canada will keep interest rates unchanged this morning, analysts predict. She could, however, begin to mention the start of their reduction which would possibly come as early…
A couple loses more than $1,000 by accidentally renewing their mortgage rate on their bank’s app.
There are certain mistakes that can be costly. Danny Lapierre, a Scotiabank customer, recently learned this the hard way. At the end of March, thinking about freezing a rate in…
Unemployment rate rising in Canada | A possible rate cut from June
Further weakness in the jobs market in March should prompt the Bank of Canada to begin lowering interest rates in the not too distant future, perhaps as early as June.…
The unemployment rate in the United States fell in March, more than 300,000 jobs were created
A new sign of the good health of the American economy in the first quarter, job creation once again largely exceeded expectations in March, allowing the unemployment rate to fall…
The unemployment rate increased in Canada and Quebec in March
The unemployment rate increased by 0.3 percentage points in both Canada and Quebec in March, according to Statistics Canada, while it stood at 6.1% nationally and 5.0 % in Quebec…
The unemployment rate climbs to 5% in Quebec
After slowing, the job market stopped its progress in March and the unemployment rate rose from 5.8% to 6.1% in Canada. Published at 8:40 a.m. Quebec lost 18,000 jobs and…
Hydro-Québec’s rate increase comes into effect
The annual increase in electricity rates in the residential sector officially came into effect on Monday. This increase from Hydro-Québec is, however, capped at 3%, as the state-owned company announced…
United States | For a Fed official, the rate cut can still wait
(Washington) It is urgent to wait before initiating a reduction in the key rates of the American Federal Reserve (Fed), as long as inflation data does not show “a sustained…
Canada | Population growth rate in 2023 is highest since 1957
(Ottawa) Canada recorded its highest annual population growth rate in more than six decades last year, according to Statistics Canada. Published at 10:10 a.m. The federal agency says the population…
Mortgage | Negotiate the rate, of course… but that’s not all
When the time comes to renegotiate your mortgage loan, we often tend to only think about the interest rate, even if it means neglecting other aspects. However, there are several…
Rate cut is coming, says Bank of Canada
The conditions expected by the Bank of Canada to reduce its key rate “should materialize during the year,” concluded its board of directors during the deliberations which led to its…
Slowing inflation | Where will the first interest rate cut come from?
Against all expectations, the Bank of Canada could begin lowering interest rates before the American Federal Reserve (Fed), following the second consecutive decline in the Consumer Price Index in February.…