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Placeline/People
City Ottawa
State Province Ontario
Country Canada

Newsroom Ready: Bank of Canada cuts key interest rate

The Bank of Canada has lowered its key interest rate for the first time in more than four years. Bank of Canada governor Tiff Macklem says the central bank decided to lower the rate by a quarter of a percentage point, bringing it to 4.75 per cent. (June 5, 2024) 
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Source name: 
The Canadian Press
Unique identifier: CP171953745 
Legacy Identifier: r_BoC-Interest-Rate20240605T1440 
Type: Video 
Duration: 1m14s 
Dimensions: 1920px × 1080px     169.55 MB 
Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
Create Date: 6/5/2024 6:40:00 PM 
Display aspect ratio: 16:9 
Tags
Bank of Canada
business
business and finance
central bank
Cut
economy
inflation
interest rate
news
Tiff Macklem