Bank of Canada policy update - RBC
The Bank of Canada today lowered the overnight rate by another 25bps to 2.75%, the middle of the estimated “neutral” range (2.25% -3.25%).
www.rbc.comI don’t have live access to the latest Bank of Canada decisions right now. Here’s the most recent widely reported update I can confirm from sources before today:
- The Bank of Canada’s policy rate was at 2.75% after a series of adjustments in 2024–2025, with several rate cuts priced in during that period.[3][4]
If you’d like, I can fetch the latest official press release and summarize the current rate, hold/cut status, and any accompanying commentary from the Bank of Canada. I can also pull up the latest news headlines from reliable outlets and provide a concise timeline of recent decisions. Would you like me to do that?
Citations:
- Bank of Canada policy and rate context (overview of decisions and neutral range).[5][3]
- Specific coverage of rate decisions and press conference context (examples from 2025).[4][7]