What the new Bank of Canada interest rate cut means for Canadians
In its first cut of 2025, the Bank of Canada (BoC) lowered its key interest rate by 25 basis points. On Wednesday, the ...
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Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
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 ...
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Bank of Canada cuts interest rate, warns it can do little to offset U.S. tariff impact
Canada's central bank lowered its interest rate by 25 basis points ... "Tariffs could raise prices, which would prompt rate hikes, but aggregate demand would weaken and could lead to rate ...
Posthaste: CIBC says Trump tariffs not all that's muddying interest rate waters
But Canada’s economy is in a state of “excess supply,” according to the Bank of Canada governor, while the unemployment rate ...
Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was ...
The ‘extreme’ gap in Canadian and U.S. interest rates
The Bank of Canada cut its benchmark interest rate on Wednesday. Its U.S. counterpart, the Federal Reserve, did not.
Bank of Canada cuts key rate with ‘trade war storm’ on horizon
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.
Top Bank of Canada officials speak after latest interest rate cut
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...
Bank of Canada cuts rates as it warns trade war 'would badly hurt economic activity in Canada'
“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher ...
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Bank of Canada lowers interest rates amid 'more-than-usual uncertainty' in Canada's economy
As predicted, the Bank of Canada lowered its interest rate today. In the announcement ... And with the spring market around the corner, when sales typically increase, affordability could worsen. "(The ...