15:22:08 EDT Wed 18 Mar 2026
Enter Symbol
or Name
USA
CA



Bank of America CDR (CAD Hedged)
Symbol BOFA
Shares Issued 3,200,000
Close 2026-03-17 C$ 23.89
Market Cap C$ 76,448,000
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Globe/CP say Goldman, rivals await Fed rate decision

2026-03-18 07:27 ET - In the News

See In the News (C-GS) Goldman Sachs CDR (CAD Hedged)

The Globe and Mail reports in its Wednesday, March 18, edition that on Tuesday, Canadian and United States stock markets gained ground as investors anticipate interest rate decisions from the Bank of Canada and the Federal Reserve on Wednesday. A Canadian Press dispatch to The Globe reports that Portfolio Management director Anish Chopra says, "Markets, they're up modestly, but it's more of a wait-and-see approach on what may come out of the two central banks." The BOC's key lending rate stands at 2.25 per cent after a hold in January, but the economic landscape has shifted since that decision. A Reuters poll shows economists widely expect the BOC to maintain its current policy rate. For the Fed's decision, traders see virtually no chance of a cut. Cuts to interest rates by the Fed would give the economy and job market a boost, and President Donald Trump has angrily been calling for them. But reductions would also worsen inflation. "I think the markets or investors are expecting no change in rates, both in Canada and in the United States [Wednesday,] but it's really the commentary that accompanies that and any comments made at the press conferences by the central bankers on what they see happening," said Mr. Chopra.

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