This is breaking news from CJAD 800
Interest rate now 4.75%: BoC |
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| The Bank of Canada announced Wednesday that it's cutting its key interest rate by a quarter of a percentage point to 4.75 per cent.
The rate cut is in line with the expectations of the majority of economists tracked by Bloomberg and is the first cut since the central bank began its tightening cycle in March 2022. Tune in to CJAD 800 for continuing coverage: 800 AM, 107.3 HD-2 in Montreal, on the iHeartRadio Canada app, ask your smart speaker to play CJAD 800 or click the link below. |
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