Bank of Canada cuts key interest rate to 4.5% with hints of more to come
![Bank of Canada cuts key interest rate to 4.5% with hints of more to come](https://globalnews.ca/wp-content/uploads/2024/07/bank-of-canada.jpg?quality=85&strip=all&w=720&h=480&crop=1)
The Bank of Canada's key interest rate fell by 25 basis points on Wednesday, a move that will immediately be felt by Canadians with variable rates of debt.
The Bank of Canada's key interest rate fell by 25 basis points on Wednesday, a move that will immediately be felt by Canadians with variable rates of debt.