Bank of Canada lowers interest rate to 3.75%
(October 23, 2024)
October 23, 2024
The Bank of Canada lowered the interest rate again by 50 basis points to 3.75%, its fourth consecutive rate cut this year, which is the Bank of Canada's largest rate cut, outside the recent pandemic, since the 2009 global financial crisis.
The recent cut in the Bank of Canada's key interest rate by 50 basis points is a significant move aimed at providing immediate relief to borrower... read more.
Categories
- All Entries (149)
Archives
- November 2024 (2)
- October 2024 (1)
- September 2024 (3)
- July 2024 (4)
- June 2024 (3)
- May 2024 (3)
- April 2024 (2)
- March 2024 (3)
- February 2024 (2)
- January 2024 (3)
- December 2023 (3)
- October 2023 (1)
- September 2023 (3)
- July 2023 (2)
- June 2023 (5)
- May 2023 (3)
- April 2023 (4)
- March 2023 (3)
- February 2023 (1)
- January 2023 (3)
- December 2022 (3)
- November 2022 (1)
- October 2022 (1)
- September 2022 (2)
- August 2022 (4)
- July 2022 (3)
- June 2022 (3)
- May 2022 (5)
- April 2022 (4)
- March 2022 (3)
- February 2022 (4)
- January 2022 (4)
- December 2021 (3)
- November 2021 (1)
- October 2021 (3)
- September 2021 (2)
- August 2021 (2)
- July 2021 (1)
- June 2021 (3)
- May 2021 (7)
- April 2021 (4)
- March 2021 (3)
- January 2021 (2)
- December 2020 (3)
- November 2020 (2)
- October 2020 (1)
- June 2020 (1)
- May 2020 (1)
- November 2019 (1)
- March 2019 (1)
- January 2018 (1)
- August 2017 (2)
- March 2017 (1)
- December 2016 (1)
- October 2016 (1)
- September 2016 (1)
- May 2016 (1)
- April 2016 (1)
- March 2016 (5)
- December 2015 (1)
- October 2015 (1)
- September 2015 (1)