Tag Archives: BoC

Bank of Canada hold interest rates at 0.5%

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Global economic growth is strengthening and becoming more broadly-based than the Bank had expected in its JanuaryMonetary Policy Report (MPR), although there is still

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