Bank Of Canada Rate Announcement For 2024

Bank Of Canada Rate Announcement For 2024. Many canadians are hoping to get an early holiday gift this year of another bank of canada (boc) rate cut. A history of the key interest rate

With their announcement on december 11, 2024, the bank of canada (boc) delivered another supersized rate cut, slashing the key interest rate by 50 basis points to 3.25%, the upper end. The bank of canada (boc) just made its final rate announcement of 2024, gifting borrowers with some interest relief.