Bank Of Canada Rate Cuts 2024. Boc cuts key interest rate by 25 basis points to 4.5%; The bank of canada kept its benchmark interest rate steady at 5.0 per cent on wednesday and hinted that its tightening cycle might have peaked, though inflation remains a.

The bank of canada on wednesday trimmed its key policy rate by 25 basis points for the second month in row, bringing it down to 4.5%, and said more cuts were likely if. Boc cuts key interest rate by 25 basis points to 4.5%;