Bank of Canada lowers policy rate to 2½%

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.

Source: https://www.bankofcanada.ca/content_type/press-releases/feed/

Updated: 2026-03-05T19:15:43+00:00

Bank of Canada lowers policy rate to 2½%

Date: 2025-09-17

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.

ID: 2025-09-17-bank-of-canada-lowers-policy-rate-to-2-09255e38