Bank of Canada News

Bank of Canada Slashes Interest Rates Amid Trade Tensions: A Bold Move to 2.75%

The Bank of Canada reduces its interest rate to 2.75% in response to trade tensions and tariffs from the US, aiming to mitigate economic slowdown and inflationary pressures. This d...

Bank of Canada Slashes Interest Rates Amid Rising Trade Tensions

The Bank of Canada has cut its interest rate by 25 basis points to 2.75% in response to heightened trade tensions with the United States, which are expected to slow economic growth...

Bank of Canada Cuts Interest Rates to 3% Amid Economic Support Efforts

The Bank of Canada has cut interest rates by 25 basis points to 3% to support the economy, with GDP growth projected at 1.8% for 2025 and 2026. Despite a rebound in consumer spendi...

Bank of Canada Slashes Interest Rate to 3.25% Amid Inflation Concerns

The Bank of Canada has reduced its policy rate by 50 basis points to 3.25%, citing inflation concerns and softer growth data. The central bank remains committed to maintaining pric...