Five major Canadian banks expect larger rate cut as inflation cools [Wealth Professional (Canada)]
Bank Of Montreal (BMO)
Last bank of montreal earnings: 2/25 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
bmo.com/main/about-bmo/banking/investor-relations/home
Company Research
Source: Wealth Professional
Five of Canada's six largest banks now anticipate that the Bank of Canada will lower borrowing costs by 50 basis points, according to BNN Bloomberg This follows inflation data that showed a greater-than-expected cooling in the previous month. TD Bank stands as the only major lender to view the chances of either a 25 or 50 basis point cut as evenly split. This follows a report showing inflation dropped below the Bank of Canada's 2 percent target for the first time in over three years. Bank of Nova Scotia, Bank of Montreal, and National Bank of Canada have joined Royal Bank of Canada and Canadian Imperial Bank of Commerce in revising their predictions from a 25 basis-point reduction to a 50 basis-point cut for the upcoming October 23 decision. This shift highlights the growing belief that a gradual easing of rates may not be sufficient to prevent inflation from falling below target, as Canada's economy continues to show signs of weakening A majority of traders in overnight sw
Show less
Read more
Impact Snapshot
Event Time:
BMO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BMO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BMO alerts
High impacting Bank Of Montreal news events
Weekly update
A roundup of the hottest topics
BMO
News
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bank of Montreal - BMOAccesswire
- How Much Should You Invest to Earn $500 in Passive Income Every Month? [Yahoo! Finance Canada]Yahoo! Finance Canada
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bank of Montreal - BMOAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bank of Montreal - BMOPR Newswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bank of Montreal - BMOAccesswire
BMO
Earnings
- 8/27/24 - Beat
BMO
Sec Filings
- 10/21/24 - Form FWP
- 10/21/24 - Form 424B2
- 10/21/24 - Form 424B2
- BMO's page on the SEC website