International Economic

Bank of Canada cuts rates by 25 basis points, as expected

By Michele Maatouk

Date: Wednesday 29 Oct 2025

(Sharecast News) - The Bank of Canada cut its key interest rate on Wednesday by 25 basis points to 2.25%, as widely expected, but suggested rates would likely be on hold at the next policy meeting.
It said in a statement: "With ongoing weakness in the economy and inflation expected to...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page