Bank Of Canada Rate Cut July 24 2024. Dawn desjardins, senior economist at deloitte canada, talks with financial post’s larysa harapyn about what the latest inflation data means to the bank of. The bank of canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly monetary policy report.

The next scheduled date for announcing the overnight rate target is july 24, 2024. Canada’s central bank reduced its rate 25 basis points to 4.75 per cent on june 5, its first cut in the most aggressive rate hiking cycle in recent memory.