Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
27 September 2022 | Other

Bank of Canada has to increase the rates for reducing inflation

AUDCAD
GBPCAD
NZDCAD
EURCAD
USDCAD

Governor of the Bank of Canada Tiff Macklem declared the need to increase the credit rates to lessen inflation and reduce the people’s expenditures.

Macklem noted in his declaration that this step will tame rising inflation. According to the governor, the economy needs time to restore, that’s why it is necessary to provide Canadians with an opportunity to plan their spending and saving.  

Company MarketCheese

Recommended

European Union. CFTC EUR speculative positions. The value of the indicator has decreased from 21.1K to 9.3K
27 March
Australia. CFTC AUD speculative net positions. The value of the indicator has increased from 69.1K to 70.9K
27 March
Canada. CFTC CAD speculative net positions. The value of the indicator has decreased from 0.9K to -1.6K
27 March
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has increased from -65.5K to -58.4K
27 March
United States. Michigan 1-Year Inflation Expectations. The value of the indicator has increased from 3.4% to 3.8%
27 March
Top news
European Union. Manufacturing PMI. The value of the indicator has increased from 50.8 to 51.4
24 March
European Union. Trade Balance. The value of the indicator has decreased from 11.2B to -1.9B
20 March
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
19 March
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
19 March
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
19 March
All news

Forecasts

AUDCAD buy
Period: 30.04.2026 Expectation: 1100 pips
Buying AUDCAD from support zone
FA Other Indicators and reports Hot news Indicators
27 March 2026 41
Reed_Marcus
Brent sell
Period: 03.04.2026 Expectation: 920 pips
Brent crude is poised to dip further on rising selling pressure above $106.00
TA Other Technical analysis FA Other Indicators Fundamental analysis
27 March 2026 58
Lyra_Moonwell1
USDCAD buy
Period: 03.04.2026 Expectation: 950 pips
USDCAD gains ground on risk aversion and soft Canadian data
Technical analysis Indicators and reports Hot news Indicators Fundamental analysis
27 March 2026 38
Emily_Foster
GBPUSD sell
Period: 31.05.2026 Expectation: 3500 pips
GBPUSD selloff takes hold as UK inflation expectations soar
FA Other Indicators and reports Chart analysis Hot news
27 March 2026 23
Sinclair_John
GBPUSD sell
Period: 30.04.2026 Expectation: 1400 pips
Selling GBPUSD down to 1.3200
TA Other FA Other
27 March 2026 21
Bruce_Powers
S&P 500 buy
Period: 30.04.2026 Expectation: 1300 pips
Investing in SPX from $6,640
TA Other FA Other
27 March 2026 21
Bruce_Powers
Go to forecasts