Posts tagged ‘Bank of Canada’
Inflation, a Labour Bubble, and Another Fed Rate Hike
Monday Morning Interest Rate Update for August 2, 2022
In today’s post I focus on three economic signposts and explain how they inform my outlook for Canadian fixed and variable mortgage rates.
Five Thoughts on the Bank of Canada’s Jumbo Rate Hike
Monday Morning Interest Rate Update for July 18, 2022
Here are five key observations relating to last week’s jumbo-sized Bank of Canada rate hike.
The Bank of Canada Is About to Hike Again
Monday Morning Interest Rate Update for July 11, 2022
In today’s post I explain why a 0.50% increase by the Bank of Canada this Wednesday is better option than the 0.75% hike the consensus expects.
How Much Higher Will the Bank of Canada Go?
Monday Morning Interest Rate Update for June 6, 2022
The BoC hiked by another 0.50% last week, and its policy statement was more hawkish than expected. In today’s post I offer my take on how high the Bank will go.
Five Thoughts on the Bank of Canada’s 0.50% Rate Hike
Monday Morning Interest Rate Update for April 18, 2022
Today’s post offers five key points from the Bank of Canada’s latest communications surrounding its 0.50% policy-rate hike.
Is the Bank of Canada about to Hike by 0.50%?
Monday Morning Interest Rate Update for April 4, 2022
The consensus expects the BoC to hike by 0.50% at its next meeting. Today’s post offers my take, and also explains how fixed payment variable-rate mortgages work.
Five Thoughts on the Bank of Canada’s Rate Hike
Monday Morning Interest Rate Update for March 7, 2022
The Bank of Canada hiked last week and the key questions now are: How fast will its policy-rate rise and how high will it ultimately go?
The Bank of Canada Is About to Start Hiking. Now What?
Monday Morning Interest Rate Update for February 28, 2022
I expect the BoC to hike its policy rate this Wednesday, and in today’s post I offer my take on whether variable-rate borrowers should respond by locking in.
The Bank of Canada Will Be Live at Its Next Meeting
Monday Morning Interest Rate Update for January 31, 2022
Last week the Bank of Canada confirmed that it will start to raise its policy rate in the near future. The key questions for variable-rate mortgage borrowers are: How fast and by how much?
The Latest Inflation Data Are Not as Bad as You Might Think
Monday Morning Interest Rate Update for January 24, 2022
The bond market now assigns 80% odds of a BoC rate hike this week. I continue to take the other side of that bet, and the latest inflation data bolster my view.
Is the Bank of Canada About to Start Raising?
Monday Morning Interest Rate Update for January 17, 2022
There is widespread speculation that the BoC will start to raise its policy rate at its upcoming meeting on January 26. I don’t share that view.
Canadian Mortgage Rate Forecast for 2022
Monday Morning Interest Rate Update for January 10, 2022
In today’s post I explain why five-year variable rates will likely save money versus their fixed-rate equivalents in 2022 (and beyond).
Five BoC Rate Hikes Next Year? Don’t Think So
Monday Morning Interest Rate Update for December 13, 2021
The Bank of Canada held rates steady last week and also pushed back against the bond market’s bet on a more rapid rate-hike timetable.
Will the Bank of Canada’s Hawkish Turn Quell Inflation Fears?
Monday Morning Interest Rate Update for November 1, 2021
A self-reinforcing cycle of higher expected inflation leading to higher actual inflation is the primary risk that central bankers now face.
The Bank of Canada’s Tough Spot
Monday Morning Interest Rate Update for September 7, 2021
The Bank of Canada (BoC) will be in a tough spot when it meets this week. Normally it would try to hold steady in the middle of a federal election so that its words and actions aren’t seen to be favouring one party over another. But normal left town when the pandemic arrived and hasn’t […]
