Bank Of Canada Interest Rate Cuts 2024 Dates. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year โ much lower than the 5.1 percent they had been expecting in june,. The bank of canada (boc) has loosened the valve on interest rates again, further easing the nationโs cost of borrowing and offering more relief to.
The bank of canada (boc) has loosened the valve on interest rates again, further easing the nationโs cost of borrowing and offering more relief to. With their announcement on september 4, 2024, the bank of canada (boc) cut the key interest rate by another 25 basis points to 4.25%, the lowest it has been since may 2023.