October 23, 2024

In Conversation with Dr. Sherry Cooper (October).

Dr. Sherry Cooper joined Dominion Lending Centres and DLCG Mortgage Group President, Eddy Cocciollo, for In Conversation to discuss the latest updates from the Bank of Canada as of October 23, 2024.

Please Note: The source of this article is from SherryCooper.com/category/articles/

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Categories: Finance

Jumbo Rate Cut by the Bank of Canada

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Bank of Canada Cuts Policy Rate By 50 BPS After three consecutive 25 bp rate cuts, the BoC slashed the overnight rate by 50 bps this morning, bringing the policy rate down to […]

Home sales have trended up since rate cuts began, but new listings have risen faster

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Canadian Housing Market Stuck In A Holding Pattern Following the Bank of Canada’s third interest rate cut of the year, national home sales increased slightly in September compared to August. […]

Canadian inflation fell to 1.6% y/y in September, the smallest yearly increase since 2021.

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More Good News On The Canadian Inflation Front The Consumer Price Index (CPI) rose 1.6% year over year in September, the slowest pace since February 2021 and down from a 2.0% […]

Stronger than expected Canadian jobs report for September reduces the chances of a 50-bp rate cut on October 23

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Stronger-Than-Expected September Jobs Report Reduces Prospect Of Larger Rate Cuts Statistics Canada released September employment data today, showing a marked uptick in job growth and the first decline in the […]

Great News On the Canadian Inflation Front in August

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More Good News On The Canadian Inflation Front The Consumer Price Index (CPI) rose 2.0% year over year in August, the slowest pace since February 2021, and down from a 2.5% gain in […]

In Conversation with Dr. Sherry Cooper (October).

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