Bank of Canada Rate Decision

This is a London news story, published by financialpost, that relates primarily to Toni Gravelle news.

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Business & Economics

Posthaste: Don't count Bank of Canada rate cut in March out just yet

Summary

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75% Informative

The Bank of Canada faces an especially tough decision when the Governing Council meets on March 12 .

Recent data have suggested that the economy — and inflation — are picking up speed.

Three weeks ago markets had fully priced in a 25 -basis-point cut for March 12 , but since then the odds have shrunk to 25 per cent .

Bank of Canada deputy governor Toni Gravelle will speak at the Bank of England research conference in London on managing the central bank’s balance sheet during quantitative tightening.

Young people in Canada are underusing tax-free savings accounts (TFSAs) Find out more about how TFSAs can contribute to a long-term savings strategy.

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formal

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English

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