Jane Bird, a member of the CIB board of directors, has been named interim chair
Bank of Canada held overnight lending rate at 5 per cent, but TD forecasts cuts in 2024
Forecasters expect cut to happen as early as this spring
Vast majority do not trust the Bank of Canada to issue a secure digital currency
Bank of Canada official says don’t count on pre-pandemic rates returning
Eby says he will continue commenting on Bank of Canada decisions after interest rate held at 5%
Bank to release latest decision on Wednesday
Tiff Macklem says economy slowdown needs to continue and more measures may be needed
Premier writes Bank of Canada governor Tiff Macklem requesting end to trend of climbing interest
Examining how 5% interest affects Canadian home owners from coast to coast
The central bank’s key rate raised by a quarter of a percentage point
Its key interest rate now sits at 4.75 per cent, the highest it’s been since 2001
Before entering politics, Leitão had a 30-year career in the Canadian banking and financial sector
Labour groups have voiced concerns about the Bank of Canada’s rate hikes in recent months
4.5 per cent likely to remain until Canada’s high inflation rate falls to its two per cent target
Key interest rate now stands at 4.5 per cent, highest it’s been in more than 15 years
Inflation rate peaked in the summer at 8.1 per cent and has been slowly decelerating since