The Bank of Canada cut its key policy rate by 25 basis points on Wednesday, bringing it to three per cent. Here is the text of the central bank’s decision.
The Bank of Canada is expected to lower its key interest rate by 25 basis points on Wednesday, as mounting trade tensions and political uncertainty weigh on the country’s economic outlook. With ...
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 ...
With their announcement on January 29, 2025, the Bank of Canada ... in the United States and Canada adjust to higher import prices.” As the BoC’s interest rate decisions influence the prime ...
The Bank of Canada cut its benchmark lending rate by 25 basis points to three per cent in a move that was widely expected by ...
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher ...
Bank of Canada governor Tiff Macklem said that there is not much central bankers can do to offset the economic consequences of a trade war with the U.S.
The Bank of Canada is likely to cut interest rates by a quarter percentage point on Wednesday as officials lay out their analysis of how US tariffs might derail a soft landing for the Canadian economy ...
Here’s the Bank of Canada’s official statement for its rate decision: ...