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Text of Bank of Canada's latest interest rate decision

Bank Of Canada Drops Interest Rate To 2.5% - Also A Risk Management Cut

Bank of Canada on Wednesday resumed its rate cut cycle, lowering its target for the overnight rate by 25 basis points to 2.5%.

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Bank of Canada lowers key interest rate to 2.5%

· 1d · on MSN

Bank of Canada likely to cut interest rate by 25 basis points

· 23h

Bank of Canada cuts key interest rate to 2.5%

The Bank of Canada said Wednesday that it is lowering its key interest rate by 25 basis points to 2.5 per cent.

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Relief for homeowners as Bank of Canada cuts key interest rate

Richmond News · 18h

Five key takeaways from the Bank of Canada's rate cut decision

Devdiscourse

Global Central Banks Diverge on Interest Rate Strategies

The U.S. Federal Reserve has cut interest rates for the first time since December, diverging from other major central banks that maintain stable rates. This move aligns with Canada's rate reduction, but contrasts with the Eurozone and Britain,

16hon MSN

TSX inches higher as BoC and Fed cut interest rates

Canada's benchmark stock index ended slightly higher on Wednesday, helped by gains for consumer discretionary shares, as the Bank of Canada and the Federal Reserve resumed cutting interest rates.

17h

Fed Reserve cuts interest rates but cautions over stalling job market

After months of economic debate and mounting attacks from US President Donald Trump, the US central bank is poised to cut interest rates on Wednesday.

BoC set to cut interest rate on soft growth, labor market slowdown

The Bank of Canada (BoC) is widely anticipated to reduce its benchmark interest rate by a quarter percentage point on Wednesday, taking it to 2.50% after three consecutive ‘on hold’ decisions. The chances of the BoC resuming its easing cycle have increased due to weak growth, a soft labour market, and relatively controlled inflation.

2don MSN

Canada's inflation rate rose to 1.9% in August

Canada's annual inflation rate rose to 1.9% in August, Statistics Canada said on Tuesday, the final piece of economic data before the Bank of Canada's next interest rate decision.