The Bank of Canada (BOC) has implemented a series of policy interest rate cuts since June 2024. In the last quarter of 2023, the policy interest rate, also called the target overnight rate ...

Last month, the Bank of Canada lowered its key interest rate from 3.75 per cent to 3.25 per cent in its fifth and final major ...

The Bank of Canada will publish its next policy rate update on January 29, 2025, along with a monetary policy report and ...

bringing rates to the upper range of the neutral rate. The BoC’s next policy announcement is scheduled for December 11. Continue reading in Investing.com ...

The Bank of Canada delivered another hefty interest rate cut, but governor Tiff Macklem said Canadians should expect a slower pace of cuts moving forward. The central bank’s half-percentage point ...

The central bank’s half-percentage point reduction on Wednesday marked the fifth consecutive time it’s lowered its policy rate since June, bringing it to 3.25 per cent. Forecasters were widely ...

The economy added four times more jobs than expected in December, the largest monthly increase in nearly two years ...

CIBC expects the central bank will lower its policy rate by a quarter-point at its next four meetings, bringing it to 2.25 per cent. RBC is forecasting the benchmark rate to fall to two per cent ...

The Bank of Canada (BoC) announced on Wednesday that it lowered the policy rate by 50 basis points (bps) to 3.25% following the December meeting. This decision came in line with the market ...

The annual inflation rate has spent all of 2024 below 3 per cent. This progress has allowed the Bank of Canada to cut its policy rate at five consecutive meetings since June, and most recently by ...

TSX ends up 0.6% at 25,657.70 BoC cuts policy rate by 50 basis points Materials sector gains 2.1% as gold climbs Energy adds 1.4%; oil settles 2.5% higher Dec 11 (Reuters) - Canada's main stock ...

Since the December rate cut, new data on GDP have given economists additional information to refine their forecasts.