Expected Rate Cuts 2025 Canada. In the absence of new tariffs, growth is forecast to strengthen, and inflation remains close to 2%. The bank of canada today reduced its target for the overnight rate to 3%, with the bank rate at 3.25% and the deposit rate at 2.95%.1 the bank is also announcing its plan to.
Cibc predicts the bank of canada’s policy rate will settle at 2.25% by the end of 2025, while bmo and td bank are forecasting a more modest drop to 2.50%. Bank of canada announces another rate cut and updates mortgage rules.