Bank of Canada: Hot economy, inflation were at crux of rate decision - BNN Bloomberg

Philippines News News

Bank of Canada: Hot economy, inflation were at crux of rate decision - BNN Bloomberg
Philippines Latest News,Philippines Headlines
  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 50%

The Bank of Canada’s first-ever summary of deliberations reveals that the governing council ultimately decided to raise its key interest rate last month because of ongoing strength in the economy.

Auto prices to ease but affordability still a challenge with no quick fix: expertsHow much Canadians have fallen behind amid high inflation and who's hurting the mostCanadian business, consumer insolvencies soar in 2022Canadians now expect to need $1.

7M in order to retire: BMO surveyTrudeau eyes billions to patch Canada's creaking health systemU.S. Fed slows rate hikes even as Powell says there's more work to doToronto's housing market enters deep freeze with sales downCanada is 'more sensitive' to rate hikes than the U.S.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of Canada to release rate hike deliberation notes today — for the first time everBank of Canada to release rate hike deliberation notes today — for the first time everOn Wednesday at 1:30 p.m., the Bank will release a transcript of the deliberations behind its latest interest rate decision, bringing it into line with the U.S. Fed and Bank of England.
Read more »

Bank of Canada to publish summary of interest-rate deliberations for the first timeBank of Canada to publish summary of interest-rate deliberations for the first timeThe Bank of Canada will release a summary of its deliberations on the latest interest rate hike later today, the first time the central bank is giving Canadians a peek behind the curtain into its decision-making process.
Read more »

Bank of Canada to publish summary of interest-rate deliberations for the first timeBank of Canada to publish summary of interest-rate deliberations for the first timeThe Bank of Canada will release a summary of its deliberations on the latest interest rate hike later today, the first time the central bank is giving Canadians a peek behind the curtain into its decision-making process.
Read more »

Watch this space — Bank of Canada to release rate hike minutes for first time ever todayWatch this space — Bank of Canada to release rate hike minutes for first time ever todayBank of Canada will release minutes from its policy setting meeting for the first time. Read more
Read more »

Watch this space — Bank of Canada to release rate hike minutes for first time ever todayWatch this space — Bank of Canada to release rate hike minutes for first time ever todayBank of Canada will release minutes from its policy setting meeting for the first time. Read more
Read more »

Bank of Canada takes historic step in improving transparency with release of minutesBank of Canada takes historic step in improving transparency with release of minutesThe Bank of Canada will release minutes from its policy setting meeting for the first time on Wednesday, as the central bank battles to restore credibility lost during last year's fight to contain inflation. The Bank of Canada has come under a rare attack from critics, including the opposition Conservative leader Pierre Poilievre, for misjudging inflation, which led to renewed calls for it to release minutes and be more transparent about its decision-making process. While inflation was a global problem, the Bank of Canada has stood out from its peers, including the U.S. Federal Reserve, the Bank of England and the European Central Bank, in not providing some form of record of their meetings.
Read more »



Render Time: 2025-04-05 19:26:39