Rate Cuts 2025 Canada News. Orlando said wednesday that, absent a trade war, he is maintaining a call for 75 basis points of further interest rate cuts this year to bring the bank of canada’s policy rate. The bank of canada moved to lower its key policy rate wednesday by 50 basis points to 3.25 per cent.
As the fed ponders slower moves on interest rates, the loonie’s. The bank of canada today reduced its target for the overnight rate to 3¼%, with the bank rate at 3½% and the deposit rate at 3¼%.
