inflation Archives - Mortgage Rates & Mortgage Broker News in Canada

A rental sign is seen outside a building in Ottawa

Steady May inflation figures don’t make the case for rate cuts: economists

June 24, 2025 No Comments

May inflation figures showed marginal improvements in some of the Bank of Canada’s closely watched price figures — a step in the right direction, some economists say, but likely not enough to convince the central bank to cut interest rates.

Tiff Macklem, governor of the Bank of Canada, speaks during an event at the Toronto Region Board of Trade in Toronto

BoC’s Macklem warns tariffs are stalling recovery, may fuel inflation

June 18, 2025 No Comments

BoC Governor says Canadian jobs and exports are already being hit by U.S. tariffs, with price pressures potentially next

January 2023 Bank Of Canada Announces Rate Decision

Why the Bank of Canada held its policy rate in June, despite rising risks

June 17, 2025 No Comments

The Bank of Canada saw enough reasons to stay put on interest rates earlier this month, even as economic clouds gathered and pressure for rate cuts grew.

U.S. inflation softens in May, but Fed still expected to hold through summer

June 11, 2025 No Comments

Both core and headline CPI came in below expectations, but economists say tariff risks and solid job growth leave the Fed in wait-and-see mode until fall.

Kozicki: Patience needed for additional rate relief as tariffs, inflation fears linger

June 5, 2025 No Comments

The Bank of Canada is keeping a close eye on the real economy, and what it’s seeing has policymakers treading carefully when it comes to further rate cuts.

Bank of Canada expected to hold rates steady Wednesday as economy outperforms

June 2, 2025 No Comments

Just days ago, the Bank of Canada appeared poised to resume cutting interest rates. But stronger-than-expected GDP data released Friday may have changed the outlook.

Bank of Canada rate path clouded as core inflation heats up despite headline drop

May 20, 2025 No Comments

Headline inflation eased in April, but persistent core pressures are complicating the Bank of Canada’s path to rate cuts.

U.S. inflation cools in April, fuelling expectations of Fed easing later this year

May 13, 2025 No Comments

U.S. inflation unexpectedly cooled in April, reinforcing expectations that the Federal Reserve could continue cutting rates later this year.

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.

Markets see additional Bank of Canada rate cuts as economy slows, survey shows

April 28, 2025 No Comments

Markets are widely expecting two additional quarter-point cuts from the Bank of Canada this year, according to the Bank’s first-quarter Market Participants Survey.

inflation