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Financial Post

Read latest breaking news, updates, and headlines. Financial Post offers information on latest national and international events & more.

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News

Financial Post
financialpost.com > news > bank-of-canada-hike-interest-rates-2027-economists-agree

Posthaste: Markets predict three Bank of Canada rates hikes are coming and some economists agree

1+ week, 2+ day ago   (699+ words) Rates could rise to 3% from 2.25% by the middle of next year Investors have increased their bets the Bank of Canada will hike interest rates in December and beyond, with rates peaking at three per cent, after the central bank on…...

Financial Post
financialpost.com > news > economy > bank-of-canada-some-economists-calling-for-rate-hikes

'Hawkish' Bank of Canada has some economists pulling forward calls for rate hikes

1+ week, 3+ day ago   (691+ words) Given all this uncertainty, the right thing for the Bank of Canada to do is stand pat, said one economist The Bank of Canada held its benchmark lending rate at 2.25 per cent on Wednesday, but economists are split on the…...

Financial Post
financialpost.com > news > economy > bank-of-canada-holds-interest-rates-official-statement-september-2

Bank of Canada holds interest rates: Read the official statement

1+ week, 3+ day ago   (149+ words) Holds key interest rate at 2.25% Here’s the Bank of Canada’s official statement for its rate decision: The Bank of Canada today held its target for the overnight rate at 2.25 per cent, with the Bank Rate at 2.5 per cent and the…...

Financial Post
financialpost.com > news > economy > bank-of-canada-holds-interest-rate-september-2

Bank of Canada holds interest rate at 2.25% as trade war clouds outlook

1+ week, 3+ day ago   (96+ words) Financial Post Seventh hold in a row widely expected Bank of Canada held its benchmark interest rate at 2.25 per cent Wednesday for the seventh meeting in a row. The hold was widely expected as a fresh outbreak in the trade…...

Financial Post
financialpost.com > news > economy > bank-canada-expected-hold-interest-rates-steady

Bank of Canada expected to hold interest rates steady, but renewed trade war muddies economic outlook

1+ week, 4+ day ago   (732+ words) The central bank is scheduled to announce its overnight rate on Wednesday Canadian economists largely expect the Bank of Canada to keep its overnight rate at 2.25 per cent for the rest of the year, but what policymakers might do in…...

Financial Post
financialpost.com > news > bank-of-canada-rate-cut-if-trade-war-persists

Posthaste: If trade war persists, Bank of Canada's next move could be a cut

2+ week, 4+ day ago   (565+ words) Tariff flareup puts central bank in difficult position With the recent and dramatic blowup of trade tensions between the United States and Canada, it’s easy to forget that an interest rate decision is just days away. The Bank of Canada…...

Financial Post
financialpost.com > news > economy > canada-retail-sales-set-to-fall-after-seven-months-gain

Canadian retail sales look set to fall after seven months of gains

3+ week, 1+ day ago   (240+ words) Sales edge up in June, but early estimates suggest drop in July Retail sales in Canada increased by 0.6 per cent to $74.3 billion in June, with gains recorded in a broad swath of subsectors, said Statistics Canada Friday. But an initial…...

Financial Post
financialpost.com > news > economy > bank-of-canada-seen-holding-interest-rate-inflation-data

No rush for Bank of Canada to raise interest rate even as inflation rate hits 3%, say economists

3+ week, 5+ day ago   (832+ words) Rise in consumer price index for July 'nothing to worry about' Canada’s inflation rate in July rose to three per cent from 2.8 per cent the month before as gasoline prices spiked, but economists say the Bank of Canada is likely…...

Financial Post
financialpost.com > news > higher-gas-prices-nudge-inflation-near-3-july

Higher gas prices expected to nudge Canada's inflation rate back near 3% in July, economists say

4+ week, 1+ day ago   (656+ words) Inflation cooled down to 2.8% in June due to lower gas prices but the cost of filling up spiked again last month Higher gas prices are expected to push Canada’s inflation rate back up near three per cent for July, but…...

financialpost
financialpost.com > news > economy > canadian-dollar-rising-us-economy-weakens

Canadian dollar rising as U.S. economy weakens

4+ week, 1+ day ago   (483+ words) Loonie pushed past 72 cents U.S. The Canadian dollar on Friday pushed past 72 cents U.S., continuing its reversal that started in late June due to a sliding greenback as bets fade for the United States Federal Reserve to hike interest rates. “Spread compression…...