Bank of Canada cuts interest rate

RBA February 2025 rate cut: Banks yet to pass on cuts
The RBA’s 25-basis-point reduction to the official cash rate announced on 18 February brought it down to 4.10 per cent from 4.35 per cent. It was the first rate cut since 2020 and follows 13 consecutive hikes that pushed rates to their highest level since 2011.
FULL TEXT- Bank of Canada cuts rates by 25 bps
The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
Bank of Canada cuts interest rate to 2.75% as country faces 'new crisis' from tariffs
The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ongoing trade war with the U.S. begins to strain the Canadian economy.
Bank of Canada cut a 'Band-Aid': Economists say interest rates have further to fall
The Bank of Canada cut interest rates by 25 basis points to 2.75 per cent — the seventh consecutive reduction — as it finds itself grappling with uncertainty created by United States President Donald Trump’s tariff onslaught.
Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy
OTTAWA — The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy.
Yahoo Finance5d
Fed official resets interest rate cut forecast for 2025
But the selling has been unsettling, and it caused one Fed official to make sure ... are benign enough so the central bank can cut its key Federal Funds Rate, now at 4.25% to 4.5%.
The New Zealand Herald21d
Official Cash Rate live updates: Reserve Bank Governor Adrian Orr speaks after OCR cut by 50 basis points to 3.75%
The Reserve Bank has cut the Official Cash Rate (OCR) by 50 basis points in its February Monetary Policy Statement. The move takes the OCR from 4.25% to 3.75%, and retail banks have moved ...