THE BANK OF CANADA CUTS INTEREST RATE
18 Sep
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Buying
On September 17, 2025, the Bank of Canada made a notable move — lowering its key policy (overnight) interest rate by 25 basis points to 2.50%, its lowest in about three years. This is the first rate cut in six months, and the decision was unanimous among the Governing Council. Here’s a breakdown of why […]
BANK OF CANADA CUTS KEY INTEREST RATE TO 4.75%
06 Jun
|
Buying
The Bank of Canada recently decided to lower its key interest rate to 4.75%, marking the bank’s first rate cut since March 2020. The bank’s governor, Tiff Macklem, mentioned that the bank’s monetary policy no longer needs to be as restrictive due to the significant progress made in the fight against inflation. This confidence in […]