The Bank of Canada continued to cut interest rates, dropping another quarter percentage point, which lowered the overnight rate to 2.25%. But Macklem’s team has made it clear that his bank’s easing ...
OTTAWA (Reuters) - The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, and said it would be ready to cut again if risks to the economy ...
The Bank of Canada on Wednesday cut its overnight interest rate by 25 basis points, as widely expected for a second consecutive time, to support an economy facing pressure from U.S. tariffs. The bank ...
OTTAWA, Jan 28 (Reuters) - The Bank of Canada on Wednesday held its policy rate at 2.25%, as widely expected, and Governor Tiff Macklem said the high level of uncertainty made it difficult to predict ...
The Bank of Canada made it plain yesterday that this might be it for rate relief. Canada’s central bank cut its interest rate by 25 basis points to 2.25 per cent, but its main takeaway was that if the ...
After holding the policy rate unchanged in the past three meetings, Bank of Canada on Wednesday resumed its rate cut cycle, lowering its target for the overnight rate by 25 basis points to 2.5%. The ...