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Interest rates

Bank of Canada holds interest rates as Middle East conflict fuels oil-driven inflation risks and weak growth outlook

Mario Toneguzzi -
After expanding by 2.4% in the third quarter of last year, GDP in Canada contracted 0.6% in the fourth quarter.

MNP Consumer Debt Index holds steady following 2 interest rate pauses as Canadians brace for ongoing economic uncertainty

Mario Toneguzzi -
Nearly two-thirds of Canadians say they desperately need interest rates to go down, says MNP

Bank of Canada holding interest rates steady

Mario Toneguzzi -
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

Bank of Canada cuts interest rate to 3%,US tariffs looming

Mario Toneguzzi -
"In Canada, past cuts to interest rates have started to boost the economy. The recent strengthening in both consumption and housing activity is expected to continue."
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