Bank of Canada signals likely end to rate cuts, but keeps options open

Core Viewpoint - The Bank of Canada has indicated the conclusion of its interest rate cutting cycle after reducing the key overnight interest rate to 2.25% [1] Summary by Relevant Sections - Interest Rate Decision - The Bank of Canada has cut its key overnight interest rate to 2.25% [1] - This decision marks the end of the current cutting cycle [1] - Economic Outlook - Governor Tiff Macklem stated readiness to respond to any significant changes in Canada's economic outlook [1]