Tag: Bank of Canada

Canada Vies for Crown of Top-Yielding G-10 Currency as BOC Looms

(Bloomberg) — When the Canadian and U.S. central banks announce policy decisions on Oct. 30, traders are betting that the divergent decisions will allow the loonie to blunt the dollar’s status as the highest yielding Group-of-10 currency.Futures traders are pricing in almost no probability of a rate
— Read on ca.finance.yahoo.com/news/loonie-erodes-dollar-high-yielding-090000129.html

Bank of Canada Balks at Joining the Global Rate-Cutting Trend – Bloomberg

The Bank of Canada resisted pressure from investors to signal it will soon follow global peers in easing monetary policy.
— Read on www.bloomberg.com/news/articles/2019-09-04/bank-of-canada-holds-rates-steady-even-amid-global-easing-trend

Bank of Canada expected to hold interest rates in September 4 decision

Economists polled in a recent report are expecting the Bank of Canada to hold its current interest rate…for now.
— Read on ca.finance.yahoo.com/news/its-only-a-matter-of-time-before-the-bank-of-canada-cuts-interest-rates-174605304.html

The Bank of Canada needs a plan for the next big recession — and they should share it | Financial Post

C.D. Howe Institute: The public need to be prepared for the bumpy road ahead that we will almost certainly be travelling along
— Read on business.financialpost.com/opinion/the-bank-of-canada-needs-a-plan-for-the-next-big-recession-and-they-should-share-it

Poloz Flags Growing Trade Risks With Canada Rates Firmly on Hold – Bloomberg

Bank of Canada officials flagged elevated concerns about mounting global trade tensions, even as they left interest rates unchanged for a sixth straight decision and showed little willingness to consider easing policy any time soon.
— Read on www.bloomberg.com/news/articles/2019-07-10/poloz-puts-canadian-rates-firmly-on-hold-amid-global-trade-risks

Can the Bank of Canada ‘divorce’ from the Fed on rates? Experts weigh in – BNN Bloomberg

Can the Bank of Canada ‘divorce’ from the Fed on rates? Experts weigh in – BNN Bloomberg
— Read on www.bnnbloomberg.ca/can-the-bank-of-canada-divorce-from-the-fed-on-rates-experts-weigh-in-1.1276858

Bank of Canada Poised to Follow Fed With Rate Cuts, Traders Bet – Bloomberg

The Bank of Canada is likely to join the U.S. Federal Reserve with an interest rate cut this year to deal with the fallout from rising trade tensions, according to trading in the swaps market.
— Read on www.bloomberg.com/news/articles/2019-06-04/bank-of-canada-poised-to-follow-fed-with-rate-cuts-traders-bet