Tag Archives: bank of canada

BOC Hike 50Bps and begins QT. The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. The Bank is also ending reinvestment and will begin quantitative tightening (QT), effective April 25. Maturing Government of Canada bonds on the Bank’s balance sheet will no longer …

Median Forecast Is For Rate Hike To 0.75% By End Of Q2 2022 (Vs No Change In December Poll) Rate Hike By End Of March A Close Call: 16 Of 31 Economists Say Unchanged; 15 Said It Will Rise To 0.50% Or More Risk To Pace Of Rate Rises This Year Is They Come Faster Than Expected, Said All 15 …