Banks › Bank of Canada › History › 29 Oct 2025
Bank of Canada: decision of 29 October 2025
Bank of Canada cut the target for the overnight rate by 25 bp to 2.25% on 29 October 2025.
Decision
cut
- Rate
- 2.50%↓2.25%
- Change
- −25 bp
- Announced
- 09:45 Toronto time
Sources
- Statement
- bankofcanada.ca/2025/10/fad-press-release-202…
- Recorded
- 29 Oct 2025
- Data
- JSON
Before and after
- Previous decision: 17 Sept 2025, cut the target for the overnight rate by 25 bp to 2.50%.
- Next decision: 10 Dec 2025, held the target for the overnight rate at 2.25%.
- All Bank of Canada decisions and the rate history