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 ...
Canada's central bank has cut interest rates for the fifth consecutive time as the country's economy grows at a slower rate than projected.
The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday.
The rate cut is in line the expectations of the majority of economists tracked by Bloomberg. A roughly one-third minority predicted the bank would cut by 25 bps ...
The Bank of Canada is lowering its policy rate in a bid to stimulate growth in the Canadian economy to avoid inflation dropping too far below target.
Today's interest rate announcement signals a focus on economic recovery. What impact will this have on the Canadian commercial real estate market in 2025?
The central bank just cut its lending rate by 50 basis points, bringing it down to 3.25%.
Bank of Canada drops key interest rate to 3.25%, Trump tariff threat 'new source of uncertainty'.
This is the fifth drop in a row from the Bank of Canada since June, which brings the key overnight lending rate to 3.25 per cent, down from 3.75 per cent.
The Bank of Canada cut interest rates by 50 basis points on Dec. 11, 2024. Here's what economists think it will do in 2025. Find out more.
Canada's central bank has cut its key rate for the fifth consecutive time – now sitting at 3.25 per cent – as the country's economy grows at a slower rate ...
The central bank cut its overnight lending rate by a half a percentage point, to 3.25 per cent, the fifth such decrease this year.