The Bank of Canada’s next interest-rate move is still expected to be a hike, but forecasters have pushed back their target for a tightening to the third quarter of 2015, a Reuters poll found on Thursday.
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Tag Archives: Interest Rates
Canadian interest rate forecast for February 2014
VANCOUVER, BC, Feb 5, 2014/ Troy Media/ – Financial markets worried over emerging economies have sent equity prices, bond yields, and several currencies down. A safe-haven or risk aversion motive is pushing up the U.S. dollar and U.S. Treasury bond prices.
Read more: http://tinyurl.com/q5y4me4
How U.S. Fed chair Janet Yellen could affect Canadians
Janet Yellen, soon to be the new head of the world’s most powerful central bank, sure seems like a nice person. In some circles, being nice is an insult. Some Americans say Canadians are too nice – we even thank our bank machines, goes the joke. But despite all that, Janet Yellen does seem nice.
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Long-term rates may rise soon, Stephen Poloz says
Bank of Canada governor Stephen Poloz says he expects long-term interest rates to rise this summer as the U.S. Federal Reserve continues tapering, but he believes that would be a positive development.
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DID BERNANKE GET IT RIGHT?
Ed Note: Powerful Case that he did!
The Federal Reserve thinks recent economic news from the U.S. is good:
Jobs are being created
Consumers are spending money
Trade & manufacturing growth is strong
As a general rule, the most successful man in life is the man who has the best information
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Bank of Canada sees less volatility from Fed tapering
(Reuters) – Market volatility spurred by the U.S. Federal Reserve’s plans to scale back its massive stimulus program is far less of a concern now than it was earlier this year, Bank of Canada Governor Stephen Poloz told Reuters on Tuesday.
Read more: http://tinyurl.com/nx62h3y
Majority of economists expect Fed will reduce economic stimulus in first 6 months of 2014
NEW YORK — The vast majority of business economists believe the Federal Reserve will begin to pull back on its massive economic stimulus program in the first three months of 2014, according to a November survey done by the National Association of Business Economists.
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Bank of Canada seen raising rates in second quarter of 2015:
OTTAWA (Reuters) – The Bank of Canada is seen keeping interest rates on hold until well into 2015 as it waits for more signs of life from the U.S. economy and grapples with two big worries at home – low inflation and a hot housing market, a Reuters poll showed.
Read more: http://tinyurl.com/o38wktw
RICHARD KOO: I Can’t Find Anyone To Refute My Argument That America Is In A ‘QE Trap’
The Federal Reserve shocked market participants in September with its decision to refrain from tapering quantitative easing, as many felt that the central bank had signaled the move at its June meeting.
Read more: http://tinyurl.com/na2f7qh
Canadian interest rate forecast for October 2013
VANCOUVER, BC, Oct 4, 2013/ Troy Media/ – The revival in global economic growth extended through September, lifting near-term prospects though the U.S. political impasse on government spending and the debt ceiling could depress its fourth quarter growth. Heightened financial market and investor uncertainty is another negative fallout of the political situation in Washington.
Read more: http://tinyurl.com/ptqh9jr