Bank of Canada lowers key interest rate to 2.25%, suggests it’s done cutting rates for now
The Bank of Canada lowered interest rates to 2.25 per cent on Wednesday, but cautioned that monetary policy can't fix the structural economic damage caused by the U.S. trade war. To continue reading article, please click on the link below...
Bank of Canada lowers policy rate to 2½%
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%... To continue reading... Bank of Canada lowers policy rate to 2½% - Bank of Canada
Bank of Canada holds rate at 2.75%, but leaves door open for further rate relief
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%... To continue reading please visit:...
Bank of Canada holds key rate at 2.75% as tariff uncertainty persists
The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more clarity on how tariffs will impact the economy. To continue reading......
Bank of Canada holds policy rate at 2¾%
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. To continue reading... Bank of Canada holds policy rate at 2¾% - Bank of Canada
On March 12th, 2025, The Bank of Canada reduced its target for the overnight rate.
On March 12th, 2025, The Bank of Canada reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. Below is a link to today's press release: March 12, 2025 Bank of Canada press release
Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening.
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.1 The Bank is also announcing its plan to complete the normalization of its balance sheet, ending quantitative tightening. To...
Bank of Canada reduces policy rate by 50 basis points to 3¼%
The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. The Bank is continuing its policy of balance sheet normalization. The global economy is evolving largely as expected in the Bank’s...
Bank of Canada cuts key interest rate to 3.25%
The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving forward. Economists were largely expecting another weighty cut following a quarterly GDP report that saw growth come in below...
Bank of Canada reduces policy rate by 50 basis points to 3¾%
The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank is continuing its policy of balance sheet normalization. The Bank continues to expect the global economy to expand at a rate of...