Rate Cuts 2024 Canada News. The bank of canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly monetary policy report. In its third consecutive cut since june, the bank of canada lowered its key interest rate to 4.25 per cent on wednesday, citing the continued easing of inflation.

Economists expect third straight cut to policy rate on sept. Bank of canada seen cutting rates deeper, faster over next year.