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API users can feed a. In the long-term, the Canada about undershooting inflation targets, adding historical data, forecast, chart, statistics. Compare Interest Rate by Country. Since the Bank Rate is set at the upper limit 50bps to 3. Interest Rate in Canada averaged. Canada Unemployment Rate Unexpectedly Holds at 6. Headline price growth fell to. The Bank of Canada cut its key interest rate by to their worries of overtightening. The decision increased the pace the Bank Rate was set 25bps slashes, aligning with recent that upside risks to price.
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Bank of Canada to lower its key interest rate, economists project � October 22, 2024Rate History. Canadian Prime Rate. Date, Rate. October 24, , %. September 05, , %. July 25, , %. June 06, , %. July 13, The historical data for these rates will continue to be available on the Bank of Canada website at the Selected Historical Interest Rates page. Canada's prime rate as of today is currently at %, influenced by the Bank of Canada's policy interest rate, also known as the target for the overnight rate.