(BOC) Bank of Canada lowers overnight rate target by 3/4 percentage point to 1 1/2 per cent

10
December

(BOC) Bank of Canada lowers overnight rate target by 3/4 percentage point to 1 1/2 per cent

Posted by admin

The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters of a percentage point to 1 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 1 3/4 per cent.

Category : BOC Publications

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(BOC) Bank of Canada lowers overnight rate target by 3/4 percentage point to 1 1/2 per cent

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