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 ...

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 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 ...

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.

“There are signs economic activity is gaining momentum as past interest rate cuts work their way through the economy,” Bank of Canada governor Tiff Macklem said in prepared remarks on Wednesda ...