Bank Of Canada Rate Cut January 2025. And that will likely be. Two more cuts of 25 basis points cuts are expected in 2025 to bring the policy rate to neutral at 2.5 per cent by.
The central bank released a summary of its deliberations on wednesday. The bank of canada today reduced its target for the overnight rate to three per cent, with the bank rate at 3.25 per cent and the deposit rate at 2.95 per cent.