Rate Cuts 2024 Canada. The bank of canada today reduced its target for the overnight rate to 4½%, with the bank rate at 4¾% and the deposit rate at 4½%. Royce mendes, managing director and head of macro strategy at desjardins group, talks about the bank of canada ‘s latest monetary policy decision and what it.
The bank of canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly monetary policy report. Will the interest rate cuts continue?