Bank of Canada holds interest rate at 2.25%, but is 'monitoring risks closely'

As outlined in its MPR, the top risk to the outlook is the CUSMA review. The bank highlights that Canada currently has an ...

Fed holds interest rates steady for first time since July

Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...
Nasdaq

Fifth Third Bank to Decrease Prime Lending Rate to 7.25%

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bank, National Association (Nasdaq: FITB) today announced it will decrease its prime lending rate to 7.25%, effective immediately. The rate was last changed ...
MoneySense

Making sense of the Bank of Canada interest rate decision on January 28, 2026

The Bank of Canada holds its benchmark rate at 2.25%, impacting variable mortgages, fixed rates, and savings as economic ...
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BoC holds rate in December 2025: What is the Bank of Canada interest rate and how does it impact you?

As of December 2025, the Bank of Canada interest rate remains 2.25%. With just three weeks before year-end, the Bank of Canada did not offer additional relief to borrowers aftter two consecutive rate ...
Morningstar

Equitable Bank reduces prime rate

TORONTO, Oct. 29, 2025 /PRNewswire/ - Equitable Bank, Canada's Challenger Bank™, today announced it is reducing its prime lending rate by 25 basis points to 4.45% from 4.70%. Equitable Bank's wholly ...
Money.ca on MSN

BoC holds rate in January 2026: What is the Bank of Canada interest rate and how does it impact you?

Here's how the overnight rate from the Bank of Canada can affect your everyday spending ...