Rate Cuts 2024 Canada 2024

Rate Cuts 2024 Canada 2024. Economists are also forecasting faster and deeper cuts to borrowing costs over the next year, and see the central bank reducing the policy rate from the current. Boc cuts key interest rate by 25 basis points to 4.5%;

Here’s what it means for borrowers. All interest rate announcements will take place at 10:00 (et), and the monetary policy report will be published concurrently with the january, april, july and.