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 ...

Canada's central bank lowered its interest rate by 25 basis points to three per cent on Wednesday, as the Bank of Canada ...

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

The Bank of ... The inflation rate fell to 2.5 per cent in July, the lowest annual inflation rate since March, 2021. But in the final stages of their inflation fight, central bankers are worried ...

With their announcement on January 29, 2025, the Bank of Canada (BoC ... of the growth or inflation data show an uptick, we’re sticking with our call for the overnight rate to reach 2.25% ...

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 ...

A target rate is a key interest rate in an economy that the central bank uses ... such as employment or inflation. The Federal Open Market Committee generally uses the overnight fed funds ...

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 ...