Anticipated Rate Cuts 2025 Canada. After one of the most aggressive rate hike cycles in history helped to bring inflation down closer to the bank of canada (boc) target, the boc has shifted its focus towards growth. Given there are more cuts anticipated,.
Canadians can expect the bank of canada to start providing some respite this spring as the central bank “slowly but surely” moves towards its first interest rate cuts, says desjardins group. The prime rate is now 5.45% as a result.