The Bank of Canada Cuts the Overnight Rate: What it Means & Why It Matters
Bank of Canada reduced its target for the overnight rate by 25 basis points, from 2.75 % to 2.50 Date: […]
Bank of Canada reduced its target for the overnight rate by 25 basis points, from 2.75 % to 2.50 Date: […]
Bank of Canada April 2025 interest rate decision
Bank of Canada cuts interest rates by 25 basis points to 2.75%
The Bank of Canada has cut interest rates to 3%, marking a major shift in monetary policy
Bank of Canada has cut its policy rate by 50 basis points to 3.25%, aiming to support economic growth and stabilize inflation.
Bank of Canada’s recent rate cut aims to ease financial pressures, with variable-rate borrowers seeing relief. Interestingly, fixed mortgage rates are now lower than variable ones, reshaping borrowing strategies in a shifting economic landscape.
Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers
The Bank of Canada has announced a reduction in its target for the overnight rate, bringing it down by 25 […]
The Canadian economy has entered 2024 with less momentum than anticipated, sparking discussions about potential policy changes by the Bank […]
In today’s decision, the Bank of Canada has opted to keep its target for the overnight rate at 5%, maintaining […]