Governor Andrew Bailey says "interest rates remain on a gradual downward path" but cautions "the world is highly ...

Such a deal could prompt the Bank of Canada to keep its headline interest rate steady and hold variable-rate mortgages at ...

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3%, and the deposit rate at 2.7%.

As the BoC’s interest rate decisions influence the prime rate, the ‘Big Six Banks’ and other lenders have maintained their prime rate at 4.95%. Potential Impact of Threatened U.S. Tariffs ...

At 4.3%, the Fed's benchmark interest rate remains markedly higher than it was between 2008 and 2022, when the bank started ...

New meeting records show the Bank of Canada’s top decision-makers were weighing an interest rate cut earlier this month but ...

The Bank of Canada is set to make an interest rate decision today as the United States' trade dispute continues to cloud the economic outlook.

The BoC noted that the pull-forward in exports is likely to reverse, dragging down GDP in Q2. Savers are also being squeezed. With inflation temporarily dipping and interest rates still below pre ...

The Bank of Canada (BoC) held its overnight interest rate steady at 2.75 per cent on Wednesday in a move widely expected by economists. Governor Tiff Macklem cited a number of factors in the decision ...

Market analysts generally predict that the Bank of Canada (BoC) will keep its interest rate at 2.75% on Wednesday, adding to the pauses recorded at the March and April monetary policy meetings.

The Bank of Canada will hold interest rates at 2.75% on Wednesday as policymakers await further news on an economy that grew faster than expected last quarter, with at least two more cuts likely this ...