The Bank of Canada will hold interest rates at the 15-year high 4.50 per cent until the end of 2023, before starting to cut rates at the start of next year, a median of market participants said in the central bank’s survey released on Monday.
Market participants in the first survey released in February had said rates would fall to 4.0 per cent by the end of the year. The participants, surveyed from March 9 to 23, cited weaker housing market and tightening of financial conditions among top risks that could curtail Canadian growth.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
What U.S. bank earnings mean for Canada’s big banksDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Прочитайте больше »
New report shows women's pro sports market is growing, lucrative in CanadaA new report shows women's professional sports leagues are 'significantly underdeveloped' in Canada and explains how investors can tap into the lucrative business.
Прочитайте больше »