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  1. Sep 4, 2024 · The Bank of Canada lowered its key interest rate by 25 basis points on Wednesday and opened the door to bigger cuts if the economy slows more sharply in the months ahead. The third consecutive...

  2. Sep 4, 2024 · Ottawa, Ontario. September 4, 2024. The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is continuing its policy of balance sheet normalization. The global economy expanded by about 2½% in the second quarter, consistent with projections in the Bank’s ...

  3. Sep 4, 2024 · Bank of Canada governor Tiff Macklem says there was a 'strong consensus' for cutting the bank's key policy rate by 25 basis points to 4.25% — but, he said, if inflation continues to ease in line ...

  4. 6 days ago · News - Bank of Canada. Find news by keyword, author, content type, location, source, topic or publication date. Sources. Topics. Latest news. September 6, 2024. Bank of Canada launches the 2025 Fellowship Program. The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2025 Governor’s Award.

  5. Sep 4, 2024 · Find the latest news and updates from the Bank of Canada on its policy rate, balance sheet, climate risks, and more. Browse by keyword, location, source, topic or date.

  6. Jul 24, 2024 · (Bloomberg) -- The Bank of Canada cut interest rates by a quarter percentage point for a second consecutive meeting and signaled further easing ahead as inflation worries wane. Policymakers led by Governor Tiff Macklem lowered the benchmark overnight rateto 4.5% on Wednesday, as expected by markets and economists in a Bloomberg survey.

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  8. Jul 24, 2024 · The Bank of Canada's key interest rate fell by 25 basis points on Wednesday, a move that will immediately be felt by Canadians with variable rates of debt.

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