Bank of Canada lowers overnight rate target to 1 ¼ percent

0
14

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit rate is 1 percent.
While Canadas economy has been operating close to potential with inflation o… [+2674 chars]Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here