Focus
interest rates
Bank of Canada Keeps Policy Rate at 5%, Ready to Hike More if Needed
The central bank says it wants to see ‘further and sustained easing in core inflation.’
Cash Rate Remains Unchanged at 4.35 Percent in December
Measures of inflation since November have developed in line with the RBA's expectations, prompting the bank to put the cash rate on hold for December.
Australia’s Official Cash Rate Unlikely to Increase in 2024: OECD
The OECD predicts Australia's official cash rate to remain at 4.35 percent before dropping 0.75 percent between the third quarter of 2024 and the end of 2025.
Bank of Canada Governor Says Budget Update Won't Add New Inflationary Pressures
Tiff Macklem says the budgetary balance is ‘little changed’ relative to what it was in the budget earlier this year.
More Than 2 Million Mortgage Holders Expected to Feel 'Interest Rate Shock' in Next 2 Years
A report by the Canadian Mortgage and Housing Corporation says there are signs of significant financial stress on homeowners.
