Posts from the ‘Monday Morning Interest Rate Updates’ Category

  • Will the U.S. Fed Sooth Nerves or Stay the Course?

    Monday Morning Interest Rate Update for December 17, 2018

    The U.S. Federal Reserve is widely expected to hike its policy rate by another 0.25% when it meets this Wednesday. The question that is being actively debated is whether it will also adopt more dovish language in its forward guidance (and the answer could impact Canadian mortgage rates).

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  • Canadian Wage Growth Decelerates Again

    Monday Morning Interest Rate Update for November 5, 2018

    The Bank of Canada wants to keep raising its policy rate but says that it will be data dependent. Our latest wage data may test the veracity of that claim in short order.

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  • How Much Higher Will Canadian Mortgage Rates Go?

    Monday Morning Interest Rate Update for October 29, 2018

    Last week the Bank of Canada raised its policy rate by 0.25%, as expected. What really caught the market’s attention was the Bank’s decision to drop the word “gradual” from its accompanying policy statement.

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  • The Bank of Canada Holds Rates Steady, But for How Long?

    Monday Morning Interest Rate Update for September 10, 2018

    When the Bank of Canada (BoC) met last week, it left its overnight rate unchanged at 1.5% as was widely expected. The real question for anyone keeping an eye on Canadian mortgage rates was whether the Bank would hint at its plans for its next meeting on October 24.

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