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Bank of Canada cuts rate by 25 basis points

Bank of Canada · 2h

Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening

The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.

Top Bank of Canada officials speak after latest interest rate cut

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 basis points to 3%.

Business Insider · 14h

Bank Of Canada Cuts Interest Rates, Warns About Impact Of Potential Tariffs

The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by a quarter point, noting consumer

Bank of Canada9h

Bank of Canada Media Interview – Le Devoir

Tiff Macklem, Governor of the Bank of Canada, gave an interview to Clémence Pavic of Le Devoir. The story will be available ...

17h

Royal Bank of Canada downgraded to Hold from Buy at Erste Group

Erste Group downgraded Royal Bank of Canada (RY) to Hold from Buy. The stock’s further upside potential appears limited at current valuation ...

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