federal reserve Archives - Mortgage Rates & Mortgage Broker News in Canada

FOMC minutes show Fed remains cautious on rate cuts amid inflation and tariff risks

April 9, 2025 No Comments

The Federal Reserve is in no hurry to cut interest rates, according to minutes from its March meeting. While economic growth remains solid and the labour market is holding up, policymakers expressed growing concern over persistent inflation and the potential impact of tariffs.

Canada spared from Trump’s new import tariffs, but auto sector still faces 25% levy

April 2, 2025 No Comments

Canada has avoided the brunt of a sweeping new round of U.S. tariffs announced today by U.S. President Donald Trump, who unveiled a blanket 10% levy on all imports—excluding only Canada and Mexico under the USMCA trade pact.

U.S. inflation hits 3%, Fed rate cut likely delayed until December

February 12, 2025 No Comments

U.S. headline inflation rose for the third straight month, raising the likelihood that the next Fed rate cut won’t happen until later this year.

U.S. core inflation eases, but Fed rate cut this month remains unlikely

January 15, 2025 No Comments

U.S. inflation rose for the second straight month, though core inflation showed modest signs of easing. Still, economists say it likely won’t be enough to warrant a Fed rate cut later this month.

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.

Fed minutes spark market turmoil: Making sense of it and why Canadian mortgage rates are likely to rise

December 18, 2024 3 Comments

I thought it would be really hard to top Monday’s chaotic events in Parliament, but it looks like I was wrong. Today at 2 p.m.,

Higher bond yields to push up fixed mortgage rates

Experts predict Canadian mortgage rates will rise next week following latest surge in bond yields

November 21, 2024 No Comments

In just two months, Canadian bond yields have surged by over 61 basis points (0.61 percentage points), with a jump of roughly 17 bps in the past week.

Inflation expected to ease to 2.1%, lowest level since March 2021: economists

September 15, 2024 No Comments

Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021.

U.S. inflation eased in June: Good news for Canadian mortgage shoppers

July 11, 2024 No Comments

U.S. financial markets got a boost today with a lower-than-expected inflation reading, marking the lowest level since May 2020.

Latest in mortgage news: More education needed on mortgage rates, survey shows

August 17, 2023 No Comments

When it comes to understanding mortgage rates and their impact on monthly payments, many Canadian borrowers have room for improvement.

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