Tag Archives: Interest rate

Bank of Canada holds key interest rate at 2.75%, cites ‘unusual uncertainty’

Published June 4, 2025

Analysis: This marks the second hold following 2.25 percentage points of cuts in seven consecutive decisions. The Canadian rate is 1.75% below the US rate which puts pressure on the value of the Canadian dollar. The prime rate charged to consumers and businesses is about 2.00% above the bank rate.

Here is a 10-year chart of the Canadian bank rate:

Canadian bank rate

Here is the 10-year chart for the US bank rate which stands at 4.50% and represents a differential of 1.75% compared to the Canadian bank rate:

U.S. Bank rate

Bank of Canada holds policy rate at 2¾% – Bank of Canada

Bank of Canada holds policy rate at 2¾%

Published April 16, 2025

Here is a 10-year chart for the Canadian bank rate:

Ten year chart of the Canadian bank rate

Bank of Canada holds policy rate at 2¾% – Bank of Canada

The current U.S. federal funds rate is between 4.25% and 4.50%. This rate is set by the Federal Reserve and influences other interest rates in the economy.

Here is a 10-year chart of United States Fed Funds Interest Rate:

Here is a 10-year chart of United States Fed Funds Interest Rate

Federal Funds Rate – 62 Year Historical Chart

Federal Funds Rate 62-year long-term chart

https://www.federalreserve.gov

U.S. Federal Reserve can wait on any interest rate moves, Powell says – The Globe and Mail

https://www.macrotrends.net/2015/fed-funds-rate-historical-chart