Bank of Canada Cuts Rates for Seventh Time

Bank of Canada lowers rate to 2.75% in second cut of the year
The Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on March 12, bringing it to 2.75 per cent.
Bank of Canada Cuts Interest Rate
The Bank of Canada has cut its key interest rate by 25 basis points to 2.75%. This move comes as the central bank aims to cushion the Canadian economy from the impact of U.S. tariffs. Governor Tiff Macklem and the Bank of Canada had considered leaving rates unchanged.
Bank of Canada cuts interest rate to 2.75% as country faces 'new crisis' from tariffs
The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ongoing trade war with the U.S. begins to strain the Canadian economy.
Bank of Canada interest rate change is coming next week and here's what to expect
The Bank of Canada (BoC) brought its key interest rate down by 0.25 per cent to three per cent in 2025's first update in January. At the time, 25
Bank Of Canada Cuts Key Interest Rate To 2.75% Amid Trade Uncertainty
BoC lowered its key rate to 2.75%. TD Asset Management's Lauren Bellai discusses the decision and explains why the central bank may have more rate cuts on the table this year.
Bank of Canada Cuts Rates for Seventh Time, Warns of “Crisis” from U.S. Trade War
The Bank of Canada has lowered interest rates by 25-basis points, saying that the country is “facing a new crisis” due to its ongoing trade
The BoC rate cut is a penalty for savers and a gift for people with variable-rate mortgages
The best defence for your finances in a trade war is having cash in savings accounts. But by lowering its overnight rate on ...
Bank of Canada3d
Bank of Canada reduces policy rate by 25 basis points to 2¾%
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, ...
Transport Topics1mon
Bank of Canada Lowers Rates as Tariff Concerns Grow
Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month. The central bank’s ...
Canada’s Dollar Rises in Volatile, Trade-War Fueled Session
Canada’s dollar rose in a volatile session that saw trade war risks surge and then recede ahead of Wednesday’s Bank of Canada ...
Wall Street Journal1mon
Bank of Canada Cut Rates to Shield Economy From Possible Trade Fallout, Minutes Say
OTTAWA—A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials ... Lower interest rates had helped boost both consumer demand ...
Yahoo Finance29d
Tariffs Weigh On Bank Of Canada’s Interest Rate Outlook
The threat of U.S. tariffs is weighing on the Bank of Canada’s outlook for the economy and future direction of interest rates, according to minutes from the central bank’s recent meeting. A ...
The Globe and Mail3d
Bank of Canada interest rate decisions
The Bank of Canada's key interest rate is 3 per cent. When is the Bank of Canada's next interest rate announcement? The next interest rate announcement is March 12, 2025. What’s ...