Bank Of Canada Interest Rate Cuts 2025. The cut, which was expected by a majority of economists in a bloomberg survey, is the first since. Economists add that in a break from the usual pattern, the bank of canada is ahead of the us federal reserve when it comes to interest rate cuts.
The bank of canada lowered its key interest rate by 25 basis points on wednesday, simultaneously opening the door to bigger cuts if the economy slows more. It does this by adjusting the target for the overnight rate on.