The Bank of Canada considered holding interest rates steady in September amid trade uncertainty and stronger consumption, but opted to cut given signs of a weakening economy and tamer core inflation.
The Bank of Canada dropped its overnight lending rate by 0.25% on September 17, 2025, lowering its target rate from 2.75% to 2.50%. This latest rate drop breaks the BoC's recent streak of three ...
OTTAWA — Some economists say surprisingly strong September inflation figures will give the Bank of Canada pause ahead of its interest rate decision next week. Annual inflation accelerated to 2.4 per ...