Bank of Canada Q+A: Where do interest rates go from here?

bank-of-canada-q+a:-where-do-interest-rates-go-from-here?

FP editor-in-chief Kevin Carmichael answers your questions on the Bank of Canada, interest rates, inflation and the economy

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Published Apr 12, 2023  •  Last updated 1 day ago  •  1 minute read

Bank of Canada Governor Tiff Macklem takes part in a news conference after announcing an interest rate decision in Ottawa on April 12. Photo by REUTERS/Blair Gable The Bank of Canada kept interest rates on pause this week, but where do they go from here?

Over the past year, Canada’s central bank has embarked on an aggressive hiking cycle that took its key interest rate from the pandemic low of 0.25 per cent to 4.5 per cent. And it may not be done yet.

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Financial Post editor-in-chief Kevin Carmichael answered your questions about the Bank of Canada, interest rates, inflation and whether Canada’s economy can pull off a soft landing.

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