BENGALURU Canadian home prices, which rallied more sharply than expected this year, are set to rise by less than consumer inflation next year as higher unemployment and lower immigration levels cool down the market, a Reuters poll of analysts showed.
BENGALURU The Bank of Canada will remain in a holding pattern and likely follow the U.S. Federal Reserve's path of reviewing its current inflation-targeting framework to protect the economy from the fallout of the coronavirus, a Reuters poll showed.
BENGALURU The economic recovery underway in Canada will be stronger in the near-term than expected a few months ago, according to a Reuters poll of economists who said a resurgence in coronavirus infections and high unemployment were the two biggest risks.
BENGALURU Canadian house prices will rise at a much slower pace this year than predicted only three months ago and will fall in 2021 as the coronavirus pandemic pushes up unemployment, curtailing immigration and the demand for homes, a Reuters poll showed.
BENGARULU The Bank of Canada will hold interest rates at a record low of 0.25% until at least the end of next year as the economy reels from the coronavirus crisis, according to nearly every economist polled by Reuters.
BENGALURU The Canadian economy is likely in its deepest recession on record and will only recover modestly over the coming year as it takes a direct hit from the coronavirus outbreak and a collapse in oil prices, a Reuters poll of economists showed.
BENGALURU The Bank of Canada will hold interest rates at 1.75% on Wednesday, according to most economists polled by Reuters, although a significant minority expects at least one rate cut by year-end.
BENGALURU A revival in the Canadian economy may already be underway, according to a Reuters poll of economists, who were mostly confident a rate cut was not needed and so predicted monetary policy would remain unchanged this year.
BENGALURU The Bank of Canada is now expected to hold rates through to the end of next year, according to a slim majority of economists in a Reuters poll, with forecasts on whether or not the central bank holds or cuts sitting on a knife's edge through 2020.
BENGALURU Canada's housing market has turned the corner and prices will increase modestly faster over the coming few years, a Reuters poll of economists and property market analysts predicted, but with no return to boom times any time soon.