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

21
January

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

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

Category : BOC Publications

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

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