Bank of Canada cuts key interest rate to 4.25%

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2024-09-04 14:54:28 - Translate -

The Bank of Canada lowered its key interest rate to 4.25 per cent on Wednesday, the third consecutive cut since June. The central bank said the reduction comes after "continued easing in broad inflationary pressures." The key interest rate was lowered by another 25 basis points, following a pattern established earlier this summer when rates were cut to 4.75 per cent in June and 4.5 per cent in July.
https://www.cbc.ca/news/business/bank-interest-rate-1.7312774

The Bank of Canada lowered its key interest rate to 4.25 per cent on Wednesday, the third consecutive cut since June. The central bank said the reduction comes after "continued easing in broad inflationary pressures." The key interest rate was lowered by another 25 basis points, following a pattern established earlier this summer when rates were cut to 4.75 per cent in June and 4.5 per cent in July. https://www.cbc.ca/news/business/bank-interest-rate-1.7312774

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Bank of Canada cuts key interest rate to 4.25% | CBC News

The Bank of Canada lowered its key interest rate to 4.25 per cent on Wednesday, the third consecutive cut since June.

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