By Finance Pulse in Monetary Policy —

Bank of Canada Lowers Interest Rates to 3.25%

The Bank of Canada has cut interest rates by 50 basis points for the second time, bringing the benchmark overnight rate to 3.25%. Learn how this affects monetary policy.

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Bank of Canada Lowers Interest Rates to 3.25%

Bank of Canada officials decided on a second consecutive interest rate cut of 50 basis points, reducing the benchmark overnight rate to 3.25%.

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