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Bank of Canada cuts policy interest rate by quarter-point to 2.5%

Guidance by Central Bank suggests rate-cutting cycle may not be that deep
Tiff Macklem, Governor of the Bank of Canada, speaks during a news conference  (Getty Images)
Tiff Macklem, Governor of the Bank of Canada, speaks during a news conference (Getty Images)
CoStar Analytics
September 18, 2025 | 1:36 AM

The Bank of Canada cut its key overnight lending rate by a quarter percentage point on Wednesday to 2.50%, the first cut by the central bank in six months and in line with widespread investor expectations.

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