TORONTO, July 24, 2024 – Today, as expected, the central bank of Canada lowered the interest rate by another quarter-percentage-point which brings its policy rate down to 4.5 per cent. At a press conference held in Ottawa this morning, Tiff Macklem, Governor of the Bank of Canada, alongside Senior Deputy Governor, Carolyn Rogers, cited three … Continue reading Bank of Canada lowers interest rate for second straight time