Interest rates are dropping. What, if anything, will get cheaper?

Interest rates are dropping. What, if anything, will get cheaper? What the Bank of Canada's latest rate cut means for consumers Interest rates in Canada are finally coming down. The Bank of Canada trimmed its key policy rate for the third consecutive time on Wednesday, to 4.25 per cent, continuing an easing cycle that started in June. If you're wondering what this means after years of high inflation and several cycles of rising interest rates, you're not alone. Will high …