By Finance Pulse in Monetary Policy —

Bank of Canada Slashes Interest Rates by 175 Basis Points

Discover how the Bank of Canada's aggressive rate cuts, reducing the benchmark overnight rate to 3.25%, impact monetary policy and economic conditions.

A professional and aesthetic illustration depicting a downward trend graph with the Bank of Canada's
Bank of Canada Slashes Interest Rates by 175 Basis Points

The Bank of Canada has been cutting interest rates rapidly, reducing them by 175 basis points since June, with a current benchmark overnight rate of 3.25%.

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