bank of canada rate forecast Archives - Mortgage Rates & Mortgage Broker News in Canada

Scotiabank now sees three Bank of Canada rate cuts in 2026

April 29, 2025 1 Comment

Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. trade policies.

BoC expected to pause this week, but more rate cuts still likely

April 14, 2025 No Comments

With markets nearly split—pricing in a 40% chance of a rate cut and a 60% chance of a hold—the Bank of Canada’s upcoming rate decision on Wednesday is still very much up in the air.

Confidence hits new lows as recession concerns mount in Canada

April 7, 2025 No Comments

With a third of Canadian businesses now expecting a recession in the next 12 months—up from just 15% in the last two quarters—economic unease is clearly on the rise.

Stronger-than-expected retail sales could delay Bank of Canada rate cuts

February 21, 2025 No Comments

A surge in retail sales in December has added to the likelihood that the Bank of Canada will pause its rate cuts in March.

U.S. Fed minutes signal cautious approach to rate cuts, January pause likely

January 8, 2025 No Comments

The Federal Open Market Committee’s (FOMC) latest minutes from its December 17-18 meeting reveal a more cautious approach to rate cuts, reinforcing expectations that the central bank will pause its rate cuts in January.

Bank of Canada expected to cut rates by 100 bps before pausing, financial experts say

November 4, 2024 No Comments

Financial experts expect the Bank of Canada to cut rates by 100 basis points by the middle of 2025, with no further reductions thereafter.

Tiff Macklem on June Bank of Canada rate cut

Is today’s Bank of Canada rate cut “one and done” for now?

June 5, 2024 No Comments

Variable-rate borrowers finally got their wish of a Bank of Canada rate cut today. But how long could they be waiting until the next?

Soft GDP figures point to a BoC rate cut next week, but uncertainty remains

May 31, 2024 No Comments

Canada’s economy slowed more than expected in the first quarter, raising the odds of an interest rate cut next week by the Bank of Canada, economists say.

June rate cut still a “close call” despite lower inflation in April

May 21, 2024 1 Comment

Canada’s headline inflation rate continued to ease in April, leaving the door open to a Bank of Canada rate cut next month.

Economists rule out rate cut this week, but all eyes on BoC statement and forecasts

April 8, 2024 No Comments

The Bank of Canada is widely expected to leave interest rates unchanged this week for the sixth straight meeting.

bank of canada rate forecast