The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75 per cent, its first bigger-than-usual move in more than four years, and hailed signs the country had returned to an era of low inflation.



tag:reuters.com,2024:binary_RC2JMAA75UJY-BASEIMAGE

CTV News

Canada

Bank of Canada cuts rates, hails 'good news' on low inflation

The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75 per cent, its first bigger-than-usual move in more than four years, and hailed signs the country had returned to an era of low inflation.

Media Bias/Fact Check

Bell Media

The Bank of Canada has lowered its key interest rate to 3.75 per cent with a 50 basis-point cut, twice the size of the previous cut.

Ad Fontes Media

All Sides

CBC News

Government of Canada

Bank of Canada cuts key interest rate by half-point for first time since COVID-19 pandemic

Wednesday’s decision is the fourth consecutive drop in interest rates since June and is the Bank of Canada's largest rate cut since 2009, outside the COVID-19 pandemic.

Global News

Corus Entertainment

Toronto

Ontario

Bank of Canada cuts key rate by 50 basis points in oversized step

The Bank of Canada has today reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four years, and hailed signs the country had returned to an era of low inflation.

RTÉ

Government of Ireland

Ireland

Bank of Canada cuts rates, hails 'good news' on inflation

The Bank of Canada announced on Wednesday that it would slash its policy rate by 50 basis points (0.5 percentage points) to boost economic growth. The central bank has cut its policy rate three times in a row by 0.25 percentage points, bringing its policy rate down from a high of 5% to 4.25%. As widely expected by the industry, the central bank accelerated its rate cuts on Wednesday, lowering the rate to 3.75%.

加拿大央行週三宣布，將其政策利率大幅度下調50個基點（0.5個百分點），以促進經濟增長。央行已連續三次降息0.25個百分點，使其政策利率從5%的高位降至4.25%。正如業界普遍預期，央行本週三加速降息，將利率降至3.75%。

加央行大幅降息50基點 未来将继续降息 | 加拿大央行 | 加拿大央行利率 | 加拿大央行降息

大纪元 Epoch Times

Falun Gong

The Bank of Canada has cut interest rates by 50 basis points and will continue to cut interest rates in the future | Bank of Canada | Bank of Canada interest rate | Bank of Canada rate cut

Bank of Canada cut its interest rate by 50 basis points to 3.75 per cent today, as widely expected.

Financial Post

Leon Cooperman

Allianz

Bank of Canada cuts interest rate by 50 basis points to 3.75%

The Bank of Canada cut its key policy rate by 50 basis points on Wednesday to take it to 3.75 per cent. Here is the text of the central bank's decision:

National Post

Bank of Canada cuts key policy rate by 50 basis points to 3.75 per cent

Canadian financial institutions say they are lowering their prime lending rates to match the decrease announced by the Bank of Canada.
The central bank lowered its key interest rate by half a percentage point Wednesday to 3.75 percent.
All of the Big Six banks including RBC, TD, BMO, Scotiabank, CIBC and National Bank say they have lowered their prime rate to 5.95 percent, down from 6.45 percent, as has Desjardins.
It marks the fourth consecutiv…

The Epoch Times

Epoch Media Group

New York

United States

Banks Lower Prime Rates to 5.95% After Bank of Canada Move

TORONTO — Canadian financial institutions are lowering their prime lending rates to match the decrease announced by the Bank of Canada. The central bank lowered its key interest rate by half a percentage point Wednesday to 3.75 per cent.

Coast Reporter

Glacier Media

Sechelt

Sunshine Coast

British Columbia

Banks lower prime rates to 5.95% after Bank of Canada move

The Bank of Canada stepped up the pace of interest-rate cuts and signaled that the post-pandemic era of high inflation is over.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Bank of Canada Cuts by 50 Basis Points to 'Stick the Landing'

Tiff Macklem

Business

Bank of Canada

Canadian Economy

Central Bank

Economy

Inflation

Interest Rates

Politics

Canadian Politics

Interest Rate

Rocky Mountain Outlook

Flin Flon Reminder

Anadolu Ajansı

Sask Today

Al Jazeera

The Globe & Mail

Inquirer

SooToday.com

Barrie Today

Orillia Matters

Midland Today

Newmarket Today

Collingwood Today

Thorold Today

Elora Fergus Today

Le Devoir

La Presse

Financial Times

meadowlakeNOW

Radio-Canada

Chek news

Moose Jaw Today

BIV News

VOCM

True North News

ElliotLakeToday.com

InnisfilToday.ca

Business Times

CambridgeToday.ca

StratfordToday.ca

CHCH

The NOTL Local

Yen.com.gh - Ghana news.

Morning News

EnBeauce.com

Bashaw Star

Action Forex

iPolitics

The Logic

-   South Asian Daily where south asians meet daily

Victoria Buzz

bankofcanada.ca

Timmins Today

castanet.net

thealbertan.com

Ckpg Today

Acadie Nouvelle

Oakville News

Thompson Citizen

Macau Business

Barrie 360

ntv.ca

burlingtontoday.com

Le Charlevoisien

haltonhillstoday.ca

flamboroughtoday.com

Invezz

fool.com.au

Magazine, Healty And Sport News

Western Investor

Le Nord-Côtier

Stacker News

1059theregion.com

xinhua-news.com

Canadian Affairs

Durham Radio News

the deep dive

Saaz o Awaz - Listen Online

cknxnewstoday.ca

windsornewstoday.ca

sarnianewstoday.ca

cknewstoday.ca

Canadian Rental Service

allansmall.com

banqueducanada.ca

Bank of Canada cuts rates, hails 'good news' on low inflation

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics