Bank Of Canada Interest Rates 2024. On october 23, 2024, the bank of canada cut its key interest rate by 50 basis points, as many experts were predicting, lowering the overnight rate to 3.75%. 23, reducing its key policy rate to 3.75%.
The bank of canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly monetary policy report. Bank of canada officials acknowledged their decision to cut interest rates by half a percentage point for a second consecutive meeting was a “close call,” with some policymakers.
Bank Of Canada Interest Rates 2024 Images References :