The Bank of Canada reduced its benchmark interest rate by 0.25 percentage points and removed guidance on future rate adjustments amid uncertainty caused by US President Donald Trump's tariff threat.

In July, Canada’s inflation rate slowed again to 2.5% ... At its December 11, 2024 meeting, the central bank cut its key overnight lending rate to 3.25% and the banks, in turn, lowered their ...

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 central bank wanted inflation to be closer to 2%. On June 5, 2024, the Bank of Canada finally cut its key overnight rate from 5% to 4.75%. “Restrictive monetary policy is working to relieve ...

The Bank of Canada has lowered its overnight rate again to three per cent, marking a sixth consecutive decrease and good news for homebuyers.

Canada's central bank lowered its interest rate by 25 basis points to three per cent on Wednesday, as the Bank of Canada governor warned there is little he can do to negate the economic impact of U.S.

All 14 economists surveyed by The Wall Street Journal predict a quarter-point cut in the Bank of Canada’s target for the overnight rate, to 3%. At least three economists who predicted a cut ...

The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by a quarter point, noting consumer ...

OTTAWA, Jan 21 (Reuters ... the bank to slash its key policy rate by a total of 175 basis points from June to 3.25%. A further drop in inflation in December could prompt the central bank ...

Policymakers led by Governor Tiff Macklem lowered the benchmark overnight rate ... in Canada would continue to pick up while inflation stays close to the the 2% target, the central bank said.