When Will Boc Cut Interest Rates In 2024 Today. The bank of canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly monetary policy report. Hsbc’s prime lending rate will fall by a quarter percentage point at 5.625 per cent starting on friday, while its saving rate will be reduced by the same margin to 0.625 per cent per annum for.

4.50% bank of canada (boc) governing council members come to a consensus on where to set the rate.traders watch interest rate. The bank of canada cut interest rates on june 5, reducing its key policy rate to 4.75%.