The Bank of Canada is expected to hold its policy rate at 2.75 per cent for the third straight time on Wednesday, as core ...

“This means wages will grow slower than their current 4.5% pace toward 3% to 3.5%,” he said. “Real wages — coarsely, the difference in the growth rate between inflation and wages — would ...

Today's refinance rate trends At the start of 2025, many expected inflation to keep cooling down and the Fed to cut interest rates, which would have gradually lowered mortgage refinance rates.

The move was widely expected, as after raising its trendsetting rate 10 times since early 2022 to slow down runaway inflation, the bank has been signalling recently that it thinks it may be ...