Bank of Canada lowers key interest rate to 2.5% with uncertainty 'weighing on economy'
September 17, 2025
The Bank of Canada cut its benchmark interest rate by a quarter point, bringing it down to 2.5 per cent after three straight holds. Governor Tiff Macklem says the central bank has shifted to worrying more about a slowing economy than high inflation, which provided the rationale for the interest rate move.
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