Bank of Canada: decision of 29 January 2025

Bank of Canada cut the target for the overnight rate by 25 bp to 3.00% on 29 January 2025.

Decision

cut

The bank's statement, linked above, is the full record of this decision.

Next decision: 12 Mar 2025, cut the target for the overnight rate by 25 bp to 2.75%.
All Bank of Canada decisions and the rate history

Macro Index records decisions as each central bank publishes them and makes no forecasts. Spotted an error? Report it.