Bank of Canada cuts key interest rate for 2nd consecutive time, to 4.5%
![Exterior of the Bank of Canada in Ottawa. Taken on June 5, 2024. A photo of a white stone building, taken from a very low angle. The sign reads 'Bank of Canada.'](https://i.cbc.ca/1.7226381.1717673199!/cumulusImage/httpImage/image.jpg_gen/derivatives/16x9_620/bank-of-canada-ottawa.jpg)
The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists.
The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, a move that was widely expected by economists.