Bank Of Canada Interest Rate Cuts 2024 Today . The bank of canada on wednesday trimmed its key interest rate by 25 basis points for the second month in a row, bringing it to 4.5%, and said more reductions in borrowing costs were likely if. Check today's bank of canada interest rate and expected rate over the next few years.
The benchmark rate is now 4.25%, from the previous 4.5%. Penelope graham, director of content.
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