Interest Rate Cuts 2024 Canada. — tue 27 aug tuesday 27 august tue 27 aug 2024 at 7:00pm. — most experts believe rates will close out 2024 at 4.00%.
— the bank of canada today reduced its target for the overnight rate to 4½%, with the bank rate at 4¾% and the deposit rate at 4½%. — world markets are entering a period of nervous uncertainty as investors try to determine whether upcoming u.s.