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Bank of Canada reduces policy rate by 50 basis points

Bank of Canada · 19h

Bank of Canada reduces policy rate by 50 basis points to 3¼%

The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%.

Business Insider · 19h

Bank Of Canada Slashes Interest Rates By Another 50 Basis Points

With inflation around 2 percent, the economy in excess supply, and recent indicators tilted towards softer than projected growth, the

Bank of Canada likely to reduce interest rate by 50bps

The Bank of Canada is poised to cut its key policy rate by another 50 basis points on Wednesday as weak unemployment numbers and poor growth underscore an economy that needs support, economists and analysts said.

Bank of Canada12h

Speech: Greater Vancouver Board of Trade

Economic factors shaping Canada’s monetary policy — Governor Tiff Macklem speaks before the Greater Vancouver Board of Trade (15:35 (ET) approx.).

17hon MSN

Toronto stocks rise on BoC's jumbo rate cut, US inflation data

Canada's main stock index rose on Wednesday, helped by mining shares, as investors cheered the Bank of Canada's hefty ...

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