Interest Rates

• The Bank of Canada just cut interest rates to 2.25%

  The Bank of Canada delivered another rate cut Wednesday, lowering its overnight benchmark by 25 basis points to 2.25 per cent and marking its second cut since March.

  Economy

  Oct 29
  
• The Bank of Canada could cut rates again. It likely won’t help food prices

  As many Canadians struggle with affording essentials like food, experts say an interest rate cut by the Bank of Canada could help consumers, but not as much for grocery prices.

  Consumer

  Oct 28
  
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• Bank of Canada says ‘weaker’ economy led to September rate cut

  The Bank of Canada said last month's rate cut was as the result of the country's weakening economy amid the trade war and removing most retaliatory tariffs.

  Economy

  Oct 1
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• A U.S. government shutdown may affect interest rates — in Canada, too

  U.S. statistical agencies that provide key economic data to the U.S. Federal Reserve are among the agencies impacted by a shutdown, and an interest rate meeting is looming.

  Economy

  Oct 1
• U.S. Federal Reserve cuts interest rates for the first time since December

  Interest rates have been cut in the United States after the Federal Reserve lowered its key policy to 4.25 per cent, and the first cut since December.

  Economy

  Sep 17
• Bank of Canada delivers 1st interest rate cut since March

  The Bank of Canada cut its key interest rate Wednesday by 25 basis points to 2.5 per cent, and this marks the first cut by the central bank since March.

  Economy

  Sep 17
• Will interest rates come down? The Bank of Canada is about to decide

  The Bank of Canada is widely anticipated to cut interest rates on Wednesday after weak reports on unemployment and economic growth, as well as signs of cooling inflation.

  Economy

  Sep 16
• U.S. Fed holds interest rates despite pressure from Trump to cut

  The United States central bank, the Federal Reserve, opted to leave interest rates unchanged on Wednesday. This is despite pressure from President Trump to cut rates.

  U.S. News

  Jul 30
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• Bank of Canada holds interest rates, citing ‘clouded’ economic outlook

  The Bank of Canada updated its monetary policy Wednesday, and held its key lending rate at 2.75 per cent for the third straight meeting.

  Economy

  Jul 30
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• Will the Bank of Canada and U.S. Fed cut interest rates this week?

  Monetary policy announcements from central banks in Canada and the United States are scheduled for July 30, and most economists are expecting no changes to borrowing costs.

  Economy

  Jul 28