The Bank of Canada is expected to continue cutting interest rates in the coming months. Economists predict a series of rate cuts, with the key overnight rate potentially falling to 3.5% by January ...

After July, the BoC will cut its policy rate twice more this year, to 4.00% by the end of 2024, according to a slight majority of economists in the poll - 16 of 30.

Wednesday’s decision marks the first time since the global financial crisis in 2009 that the Bank of Canada has cut rates at three meetings in a row. ... last coming in at 2.5 per cent in July.

Bank of Canada cuts its key interest rate by a half-point to 3.75% Don’t count on another jumbo-sized rate cut: How markets and economists are reacting to Wednesday’s BoC decision ...

With a middle-class tax cut promised by Prime Minister Mark Carney and the Liberal government coming into effect Tuesday, ...

Kelvin expects another 50 basis points of rate cuts this year. In its quarterly Monetary Policy Report (MPR) released on Wednesday, the central bank projected overall inflation would be 2.6% this ...

OTTAWA—Bank of Canada Gov. Tiff Macklem told lawmakers he expects to deliver further cuts in interest rates to revive a “soft” economy and keep inflation close to the central bank’s 2% target.

At its July 24, 2024, rate announcement, the Bank of Canada once again cut its key lending rate by 25 basis points to 4.50%. Again, the banks cut their prime rate to 6.70%.

Several top Fed officials have voiced support for cutting interest rates in the week after the central bank's latest policy ...

Jerome Powell, chairman of the US Federal Reserve, right, during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Friday, Aug. 23, 2024.