Interest Rate Cuts 2024 Canada . The bank of canada cut its key interest rate by 25bps to 4.25% in its september 2024 meeting, as expected, to mark the third consecutive 25bps slash after having left the. Expect prime rate at 6.2% by the end of 2024 and 5.45% by the end of 2025.
Read the central bank’s official statement here. The bank of canada cut its key interest rate by 25bps to 4.25% in its september 2024 meeting, as expected, to mark the third consecutive 25bps slash after having left the.
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