Key interest rate: Lookup tool This tool allows you to make side-by-side comparisons of changes to the Bank Rate and the target for the overnight rate over time. Policy interest rate

1 day ago · 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%.1 The Bank is also announcing its plan to …

Oct 23, 2024 · At the heart of the Bank of Canada’s monetary policy is the target for the overnight rate. See what it is—and what it means for you.

1 day ago · Canada's central bank lowered its interest rate by 25 basis points to three per cent on Wednesday, as the Bank of Canada governor warned there is little he can do to negate the …

1 day ago · The Bank of Canada cut its policy interest rate by 25 basis points to three per cent on Wednesday, while warning that the economic consequences of a prolonged trade war with the …

1 day ago · Here’s the Bank of Canada’s official statement for its rate decision:. The Bank of Canada today reduced its target for the overnight rate to 3 per cent, with the Bank Rate at 3.25 …

1 day ago · The Bank of Canada on Wednesday cut its benchmark interest rate by 25 basis points, bringing the policy rate down to 3.0 per cent. The move — the central bank’s sixth cut …

Dec 31, 2024 · The Bank cut rates at five consecutive meetings between June and December, bringing its key overnight interest rate down from its peak of 5.00% to 3.25%—the top end of …

Jan 16, 2025 · The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, but many were not confident about the outlook …

1 day ago · Canada’s central bank has cut interest rates for a sixth consecutive time as inflation remains around two per cent and the threat of U.S. tariffs looms. The 25-basis point cut comes …