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0 0.000324184136589595 0.00108061378863188 0.00010806137886325 0.00010806137886325 5.4030689431548E-05 0.00226928895612701 0.00226928895612701
Stock impact report

Big Canada Banks See Jumbo Cut After Surprisingly Soft Inflation [Yahoo! Finance Canada]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
(Bloomberg) -- All but one of Canada's six biggest lenders now expect the central bank to cut borrowing costs by half a percentage point after inflation cooled by more than expected last month. Most Read from Bloomberg Toronto-Dominion Bank is now the only major lender to see the odds of either a 25 or 50 basis-point cut next week as a coin flip, following the latest report that showed inflation fell below the Bank of Canada's 2% target for the first time in more than three years. Bank of Nova Scotia, Bank of Montreal and National Bank of Canada meanwhile joined Royal Bank of Canada and Canadian Imperial Bank of Commerce, changing their calls from the previous 25 basis-point forecasts for the Oct. 23 rate decision. The shift highlights a growing consensus that a gradual easing pace from policymakers may not be sufficient to prevent a sustained undershoot of the inflation target as Canada's economy continues to weaken. A majority of traders in overnight swaps also increased Show less Read more
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