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Top Bank of Canada officials speak
Top Bank of Canada officials speak after latest interest rate cut
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 basis points to 3%.
Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
The tariff threat, coupled with cost-of-living constraints that remain front and centre for many Canadians, might blunt the effects of another rate reduction.
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The gap in interest rate policies between Canada and the U.S. widened further as the Bank of Canada cut its key lending rate ...
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Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...
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Canadian dollar dips as BoC rate cut adds to interest rate divergence
The Canadian dollar weakened against the greenback on Wednesday as the Bank of Canada's latest interest rate cut helped widen ...
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