The Bank of Canada’s 1st rate decision of 2026 is almost here | Metals Mine

  • The Bank of Canada’s 1st rate decision of 2026 is almost here

    From globalnews.ca

    The Bank of Canada is set to make its first announcement on interest rates this year on Jan. 28. This comes after several reports on the Canadian economy, including consumer inflation, economic growth as measured by GDP and the job market, which have sent mixed signals on the state of the economy. “A rate hold seems probable but the case for a cut continues to mount. Unemployment is on the uptick and if the job market loses any more steam, it’s at risk of stalling out,” said Shannon Terrell, a financial expert at NerdWallet Canada in a written note. “Still, a rate hold buys the Bank time to assess the state ... (full story)

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