The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of rate ...

Canadians are awaiting the first interest rate update of the year, and all eyes are on the Bank of Canada (BoC). The final major rate cut of 2024 came on December 11, when the BoC lowered its key ...

The Bank of Canada is expected to lower its key interest rate by 25 basis points on Wednesday, as mounting trade tensions and political uncertainty weigh on the country’s economic outlook.

The Bank of Canada on Wednesday lowered its overnight policy interest rate by 25 basis points to 3% at the first monetary policy meeting of 2025. Deciding in line with market expectations ...

OTTAWA (Reuters) - The Bank of Canada will most likely trim its key ... "They are still not moving into a range of interest rates that would be really stimulative for the economy," he said.

The Bank of Canada is expected to cut its policy rate by 25 basis points on Wednesday, amid widespread trade uncertainty with the United States. The central bank’s interest rate currently sits at 3.25 ...

The Bank of Canada is widely expected to lower interest rates another 25-basis points when it announces its latest policy decision on Jan. 29. The central bank is scheduled to announce its first rate ...