In the meantime, the Bank of Canada’s policy rate remains in restrictive territory. According to its MPR, the neutral rate is estimated to be in the range of 2.25 per cent to 3.25 per cent, with ...

interest rate cuts from November 2024 through June 2025 to a terminal rate range of 3.25-3.5%. Last month, the U.S. central bank cut the overnight rate by half a percentage point, citing greater ...

The key deposit rate was cut by a quarter-point to 3.25% — as predicted by all analysts in a Bloomberg survey. The ECB said the process of taming prices should be complete “in the course of ...