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Top bankofcanada.ca News

Will the Bank of Canada cut rates again? Final interest rate decision of 2025 is on Dec. 10 — REUTERS / FBi345

Canadian Economy · Canada

Will the Bank of Canada cut rates again? Final interest rate decision of 2025 is on Dec. 10

100% Left coverage: 8 sources

Bank of Canada Maintains Policy Rate at 2¼ Percent

Tiff Macklem · Ottawa

Bank of Canada Maintains Policy Rate at 2¼ Percent

OTTAWA, Canada – The Bank of Canada held its target for the overnight rate at 2.25 percent, with the bank rate at 2.5 percent and the deposit rate at 2.20 percent. Major economies around the world continue to show resilience to US trade protectionism, but uncertainty is still high. In the United States, economic growth is being supported by strong consumption and a surge in AI investment. The US government shutdown caused volatility in quarterly…See the Story