Sentences with phrase «boc hiked rates»

The short of it is that the BOC hiked rates yet again, contrary to expectations that the BOC would only present a more hawkish tone or perhaps signal another rate hike.

Not exact matches

Despite the housing market, some analysts believe the BOC will announce further rate hikes.

Newly imposed tariffs or a downright elimination of NAFTA could curtail Canadian GDP growth in terms of exports and delay the BoC's rate hike process.

Final Holt: As for the theory that the BoC can cut now with zero risk and take it back with future rate hikes to offset easing should it prove to be unnecessary, don't be so sure.

Bank of Nova Scotia Chief Foreign - Exchange Strategist Shaun Osborne says the Canadian dollar is poised to rally to C$ 1.20 versus its U.S. counterpart by year - end, from C$ 1.2683 at 12:35 p.m. Tokyo time Wednesday, as traders who've been reducing expectations for a third BOC interest - rate hike in 2017 begin to price one back in.

And more modest expectations for Federal Reserve rate hikes during 2016 also give the BoC room to leave rates steady.

We expect the Fed to start hiking rates in June 2015 versus the BoC in December 2015.

For instance, the market is now expecting just one rate hike from the Fed by the end - 2015, and almost no rate hikes from the BoC thru end - 2016.

And more modest expectations for Federal Reserve rate hikes during 2016 also give the BoC room to leave rates steady.

Additionally, the BOC report confirms that it will slowly but surely pace itself with interest rate hikes next year in order to achieve more normal interest rate levels that back away from the super low rates we've experienced in recent years.

And that's where expected BOC rate hikes could go off the rails next year.

We've spoken at length over the last few weeks about how the Bank of Canada's («BOC») interest rate hike will impact Canadians.

In 2015, the BoC cut the benchmark rate twice in 2015, in an attempt to stimulate the economy, yet when the U.S. Feds finally hiked its rate in December (after six years at record lows) our dollar lost 16 % of its value.

For months we've heard economists forecasting 2 - 4 BoC rate hikes for 2018.

Earlier this year, the Bank of Canada (BoC) raised its growth outlook with a forecasted interest rate hike in the latter half of 2017; however, Trump's win may help suppress any potential mortgage rate increase that was on the horizon.

This is now the third time the BoC hiked its benchmark interest rate in the past 6 months, in July 2017 and again in September 2017, and today, bringing the total increase to 1.25 %.

In a relatively short announcement, yesterday, December 6, 2017, the Bank of Canada (BoC) maintained its target for the overnight rate at 1 %, following the two consecutive rate hikes at the July and September meetings.

attributed the Loonie's climb to recovering expectations for a BOC rate hike when BOC Deputy Governor Sylvain Leduc refrained from trying to talk down the Loonie or talk about monetary policy during

However, some market analysts attributed the Loonie's climb to recovering expectations for a BOC rate hike when BOC Deputy Governor Sylvain Leduc refrained from trying to talk down the Loonie or talk about monetary policy during his speech on Tuesday.

The Canadian Dollar saw an immediate bout of weakness after inflation fell short of expectations, which in turn reduces the need for the BoC to hike rates aggressively as inflation...

However, since the BOC just hiked recently, forex traders will likely use the upcoming jobs report to validate the BOC's rate hike, so there's a good chance for follow - through buying if the jobs report exceeds expectations, or follow - through selling if expectations aren't met.

In short, if the Canadian economy continues to meet or beat the BOC's expectations, then more rate hikes are to be expected.

Amid possible BoC rate hikes anew, Canada's prospective buyers have come under increasing pressure to choose between fixed - rate mortgages and variable - rate offerings.