The Latest Breaking News from Bank of Canada

The Bank of Canada cut its key interest rate and the United States’s Federal Reserve is expected to do the same.

The Bank of Canada on Wednesday held its key lending rate at 2.75 percent, pausing a stream of recent cuts due to shifting US trade policy and tariffs.

Supporters of former Bank of England and Bank of Canada governor say he has experience to lead in period of instability

Canada’s central bank lowered its key interest rate by half a percentage point while highlighting the risk of U.S. President-elect Donald Trump's threat of tariffs on all Canadian products

The Canadian and American economies are deeply intertwined. With the United States Federal Reserve cautious amid mixed signals from the labour market and rising inflation worries, the Bank of Canada has just lowered its key interest rate to 3.75 per cent — cutting it by half a percentage point.

Canada's central bank cut its key interest rate by half a point Wednesday, reducing it to 3.75 percent and offering borrowers further relief as it claimed the battle against inflation had proven successful.

Bank of Canada's divergence from the Federal Reserve and its impact on the Canadian dollar and monetary policy.

Bank of Canada warns about high debt levels and asset valuations as risks to financial stability in Canada.

Bank of Canada highlights limits to US-Canada interest rate divergence for stability and growth.