Policy

Text of the Bank of Canada’s latest interest rate decision

Central bank cites easing inflation, ongoing economic weakness, in decision to cut policy rate

By The Canadian Press |October 29, 2025

3 min read

Bank of Canada cuts key rate to 2.25% in second straight drop

Tiff Macklem said policymakers feel the overnight rate is at “about the right level” to keep inflation in check

By Craig Lord, The Canadian Press |October 29, 2025

4 min read

Missing government data unlikely to sway Fed from rate cut

Fed officials see room to cut from current 4.1% policy rate

By Christopher Rugaber, The Associated Press |October 29, 2025

3 min read

Bank of Canada set to announce key rate decision

Economists expect second consecutive cut to shore up weakening economy

By The Canadian Press |October 29, 2025

1 min read