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 ...

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

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% ...

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 ...

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 ...

(Bloomberg) -- For the first time since 2019, Canadian inflation stayed within ... been weaker than expected. The central bank next sets the benchmark overnight rate on Jan. 29, when it will ...

1:40 Canada’s tax ‘holiday’ has had mixed results, businesses say December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of ...

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.