Canadian Banking and Residential Mortgages Overview
Policy Rates in Core Markets
Canada
10
10
%
%
forecast
COVID-19 begins
09876543NTOT
-1
18
Headline inflation
19
Policy rate
20
21
22
7
298 96543210
United States
COVID-19 begins
Policy rate
Headline inflation
23
18
19
20
Sources: Scotiabank Economics (forecasts), Bank of Canada, Statistics
Canada.
Chile
10
%
COVID-19 begins
098765432-0
18
Policy rate
Headline inflation
19
20
21
forecast
21
forecast
22
23
Sources: Scotiabank Economics (forecasts), Federal Reserve Board, BLS.
10
%
0989654
7
Policy rate
Colombia
forecast
COVID-19 begins
3
2
Headline inflation
1
0
22
23
Sources: Scotiabank Economics (forecasts), BCCH, INE.
09876543210
%
Mexico
COVID-19 begins
forecast
Policy rate
Headline inflation
18
21
22
19
20
Sources: Scotiabank Economics (forecasts), Banxico, INEGI.
19
20
21
22
18
Sources: Scotiabank Economics (forecasts), BanRep, DANE.
Peru
23
10
%
9
COVID-19 begins
forecast
8
7
6
5
4
Policy rate
3
2
1
0
23
18
Headline inflation
19
20
21
22
23
Sources: Scotiabank Economics (forecasts), BCRP, INEI.
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