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.
The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of rate ...
Chart 1 plots the interest rate that the Government of Canada pays to borrow for ... For instance, Mendes (2014) and, more recently, Chen and Dorich (2018) provide Bank of Canada estimates of the ...
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
The Bank of Canada said Wednesday that it is lowering its key interest rate by 25 basis points (bps) to three per cent.
The Bank of Canada is expected to cut its policy rate by 25 basis points on Wednesday, amid widespread trade uncertainty with the United States. The central bank’s interest rate currently sits at 3.25 ...
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