Interest Rate Cuts 2024 Canada 2024. The bank of canada lowered its key interest rate by 25 basis points on wednesday, simultaneously opening the door to bigger cuts if the economy slows more. Expect prime rate at 6.2% by the end of 2024 and 5.45% by the end of 2025.
The bank of canada lowered its key interest rate by 25 basis points on wednesday, simultaneously opening the door to bigger cuts if the economy slows more. Rosa saba, the canadian press.
