#BankofCanada is an active hashtag on Bluesky. In the last 30 days, 24 people shared 34 posts with it โ around 1 a day. Activity is down 25% versus the previous week, peaking on Sep 2 with 10 posts.
Tags most often used together with #BankofCanada.
www.ctvnews.ca
Interest rate drops to 3.75% as Bank of Canada makes another cut
The Bank of Canada made a sizable cut to its key lending rate Wednesday from 4.25 per cent to 3.75 per cent as the global economy continues to expand. The half percentage point cut is the fourth rate ...
www.reuters.com
VIEW Canada's annual inflation rate eases to 1.7% in July
Canada's annual inflation fell to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept the consumer price index low, data showed on Tuesday.
www.thespec.com
Retired general Rick Hillier tapped as strategic adviser for National Bank of Canada
OTTAWA - Former chief of the defence staff Rick Hillier has been tapped as the National Bank of Canada's strategic defence adviser.
www.ctvnews.ca
Bank of Canada widely expected to lower key lending rate today
The Bank of Canada is set to announce its interest rate decision today, where itโs widely expected to lower its key lending rate.
agentictribune.com
Bank of Canada staff paper finds hedge funds did not worsen government bond illiquidity during onset of 2026 Middle East conflict
Bank of Canada staff find no evidence hedge funds amplified illiquidity in Canadaโs government bond market during the FebโMarch 2026 onset of the Middle East conflict.
en.killbait.com
U.S. Fed Rate Hike Impacts Canadian Dollar and Borrowing Costs
The U.S. Federal Reserve has raised its benchmark interest rate for the first time in three years, marking a significant shift in monetary policy. This decision, announced on Wednesday, has sparked discussions about potential implications for Canada's economy, particularly regarding the Canadian dollar (loonie) and borrowing costs for consumers and businesses. While Canadian borrowing rates are not directly tied to U.S. Federal Reserve decisions, the move has created ripple effects that could influence the Bank of Canada's future actions. Economists suggest that the U.S. rate hike may add pressure on the Bank of Canada to raise its key interest rate sooner than anticipated. Derek Holt, an economist at Bank of Nova Scotia, stated that he would be surprised if the U.S. rate hike does not 'add one more ingredient to pave the way' for the Bank of Canada to begin hiking rates. The Bank of Canada aims to maintain economic balance by keeping inflation within a sustainable range (1-3%) while ensuring borrowing rates remain low enough to support economic growth. The recent U.S. rate announcement caused an immediate drop in the Canadian dollar's value against the U.S. dollar, falling by more than a quarter of a cent. Doug Porter, chief economist at Bank of Montreal, noted that while this is a relatively small drop, a continued trend could prompt the Bank of Canada to consider rate hikes. He emphasized that the Bank would take into account a weakening Canadian dollar, as it could risk inflation by making imported goods more expensive. The Fed's new benchmark rate sits at a minimum of 3.75%, compared to the Bank of Canada's 2.25%. This divergence in key lending rates could also affect the Canadian dollar, particularly for businesses. Porter explained that Canada's relatively low interest rates may not be sustainable if inflation remains at around 3%. Additionally, the Fed's rate hike has influenced bond markets, leading to upward pressure on longer-term interest rates, such as five-year mortgage rates, which have been gradually increasing due to rising U.S. bond yields. Canada's consumer inflation has been hovering around 3% through July and August, while U.S. inflation was reported at 3.4% in the same period. The Bank of Canada has maintained its key rate at 2.25%, but the recent U.S. policy shift has created a new dynamic that could lead to future adjustments. Economists caution that while the immediate impact on the Canadian dollar is modest, the cumulative effect of sustained U.S. rate hikes could necessitate a response from the Bank of Canada to maintain economic stability.
fxcrypto24.com
Key Central Bank Decisions and Economic Data to Shape Markets in the Week of September 14โ18
A packed week of economic events runs from September 14โ18, featuring Canadian and U.K. inflation data, U.S. retail sales, and pivotal central bank decisions from the Fed, Bank of England, and Bank of Japan.
fxcrypto24.com
Key Market Events to Watch Today: Jobs Data, Central Bank Speakers in Focus
Today's key events include Canadian jobs data and the US Nonfarm Payrolls report in the American session, while the European session offers only minor data releases. Central bank speakers include BoE Governor Bailey and ECB's Lane.
mastodon.social
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