Bank Of Canada Interest Rate Cuts 2024

Bank Of Canada Interest Rate Cuts 2024

Bank Of Canada Interest Rate Cuts 2024. On october 23, 2024, the bank of canada cut its key interest rate by 50 basis points, as many experts were predicting, lowering the overnight rate to 3.75%. This amounts to 125 basis.


Bank Of Canada Interest Rate Cuts 2024

The bank of canada today reduced its target for the overnight rate to 3¾%, with the bank rate at 4% and the deposit rate at 3¾%. The central bank’s next interest rate.

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