Bank of Canada cuts interest rates: Read the official statement

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Bank of Canada cuts interest rates: Read the official statement

financialpost.com/news/economy/bank-of-canada-cuts-interest-rates-official-statement-october-29

Here’s the Bank of Canada’s

official statement

for its rate decision:
The

Bank of Canada

today reduced its target for the overnight rate by 25 basis points to 2.25 per cent, with the Bank Rate at 2.5 per cent…

This story appeared on financialpost.com, 2025-10-29 13:55:10.