When Will Boc Cut Interest Rates In 2024 March. The bank of canada held interest rates on march 6, keeping its key policy rate at 5%. The summary says governing council members agreed that if the economy and inflation evolve in line with the bank of canada's projections, the central bank will be.
As the march 6, 2024, rate hold was widely baked into the market, it hasn’t resulted in any significant downward movement on yields or improvement in bond value—at least, not yet. When will canada cut interest rates in 2024?