Search / 4 posts tagged Bank of Canada rate cuts

Canadian Mortgage Rates Plunge From nationalpost.com: Recent sharp mortgage rate cuts by some of the big Canadian banks may be a sign some in the industry are ready to wage war on price. "We were scratching our head a little bit," when some of the cuts were announced, said Toronto-Dominion Bank's head of retail banking Tim Hockey on Wednesday.

World's Refinance Woes From the CBC: No single remedy was recommended to bolster the global economy, but Bank of Canada governor Mark Carney indicated further interest rate cuts are likely needed in Canada.

Another 50bps Cut - Bank of Canada April 23, 2008 HEATHER SCOFFIELD Globe and Mail Update April 22, 2008 at 9:07 AM EDT Ottawa - The Bank of Canada is aggressively cutting its key interest rate by another half percentage point, scaling back its expectations for growth in the Canadian economy and not projecting a recovery until two years from now.

Fed actions in chronological order (Article) March 18, 2008 Everyone is talking about the Feds actions in the market and I just found this article very interesting. It depicts the US Federal Reserves actions in chronological order.