September 17, 2025
Bank of Canada lowers policy rate to 2½%
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.
Evolving Payments Ecosystem—Executive Director of Payments, Supervision and Oversight the Bank of Canada, Ron Morrow delivers a keynote speech and participates in a Fireside Chat at The ONE Conference of the Chartered Professional Accountants Canada (CPA) (15:30 (ET) approx.).
Interest Rate Announcement — Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).
Release of the Monetary Policy Report – Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).
Interest Rate Announcement – Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).