10/29/2025
Bank of Canada has lowered its policy rate by 25 bps to 2.25%, as expected. This marks the ninth cut since last year’s 5% peak.
https://www.bankofcanada.ca/2025/10/fad-press-release-2025-10-29/
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.