Bank of Canada lowers policy rate to 2¼%

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%.

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 2¼%

Date: 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%.

ID: 2025-10-29-bank-of-canada-lowers-policy-rate-to-2-bf22fc07