As Expected, Canada Cuts Key Rate To 1%

The central bank predicted a period of falling prices as an economic recession takes hold and signaled that further cuts may be on the horizon.

Topics:  cuts   
BING NEWS:
  • Tuesday Briefing: Canada’s Prime Minister Is Stepping Down
    Prime Minister Justin Trudeau of Canada said yesterday that he would step down as Liberal Party leader and prime minister. The decision by Trudeau, who has led the country for nearly a decade, means ...
    01/6/2025 - 8:10 am | View Link
  • Canada's Trudeau resigns citing 'internal battles' in governing party
    The tipping point appears to have been the resignation of one of Trudeau's most powerful and loyal ministers, Chrystia Freeland, in December. Freeland said Trudeau was not taking the threat of tariffs ...
    01/6/2025 - 7:54 am | View Link
  • Five things to know about Canada’s political crisis
    Canadian Prime Minister Justin Trudeau’s resignation on Monday signals the extent of the unpopularity facing the country’s progressive Liberal party, which has dominated its politics for decades, ...
    01/6/2025 - 6:38 am | View Link
  • Canada Live Updates: Trudeau Is Said to Be Stepping Down as Party Leader, Setting Off Succession Race
    Justin Trudeau, who has led the country for nearly a decade, is poised to give up leadership of his party on Monday, according to an official familiar with his plans. He has been under pressure for ...
    01/5/2025 - 8:42 pm | View Link
  • Here's what economists expect the Bank of Canada to do in 2025
    Since the December rate cut, new data on GDP have given economists additional information to refine their forecasts.
    01/3/2025 - 12:32 am | View Link
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