Bank of Canada makes another hefty rate cut with slower pace of cuts going forward

The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving forward.

Bank of Canada makes another hefty rate cut with slower pace of cuts going forward
Monument in front of a building that reads: Bank of Canada; Banque du Canada

The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving forward.