Rate Cuts 2024 Canada News. The bank of canada cut its benchmark interest rate by a quarter of a percentage point on wednesday as the head of the central bank suggests the rate will. The bank of canada cut its key interest rate for a second consecutive time on wednesday, but warned the path back to two per cent inflation may be uneven and.
The bank of canada has cut its policy interest rate for a third consecutive time. The bank of canada cut its key interest rate to 4.5 per cent on wednesday, with governor tiff macklem saying during a news conference that it would be.