Bank of Canada Slashes Interest Rates to 3.25%
The Bank of Canada has executed five rate cuts, reducing the overnight rate to 3.25% with plans to drop it to 2.5% by mid-next year. Discover what this means for Canada's economy.
The Bank of Canada has delivered five rate cuts, bringing the overnight rate down to 3.25%, with expectations to lower it further to 2.5% by mid-next year.