bank of canada interest rates news - Search News

Bank of Canada makes another deep rate cut

Hosted on MSN · 17h

Bank of Canada makes another hefty rate cut with slower pace of cuts going forward

The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving forward.

Wall Street Journal · 18h

Bank of Canada Delivers Second Straight Half-Point Interest Rate Cut

For the second time in a row, the Bank of Canada cut its main interest rate by a half-percentage point, saying lower rates are needed to address weaker-than-expected growth and a softening labor market.

Yahoo Finance · 15h

Bank of Canada cuts interest rate, says to expect more 'gradual approach' ahead

The 50 bp cut is the Bank's fifth consecutive drop in rates since June, and its second jumbo reduction in a row.

21h

Bank of Canada's interest rate cuts have reframed the mortgage shock story — but not for everyone

Around 40% of mortgages up for renewal in 2025 will see "de facto lower monthly payments," CIBC economists say.

2h

Swiss Franc Weakens After Central Bank Makes Bumper Rate Cut

Switzerland’s central bank cut its key interest rate for a fourth straight meeting, making an bigger-than-expected cut of 0.5 ...

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