Bank of Canada

The Bank of Canada today (March 27 2020) announced that it is lowering its target for the overnight rate by 0.50%, to 1.25%.

The Bank of Canada today (March 13 2020) announced that it is lowering its target for the overnight rate by 0.50%, to 1.25%.

This week, the Bank of Canada cut its target for the overnight rate by 0.50%, down to 1.25%. What does the Bank of Canada rate cut mean for you?

The Bank of Canada has maintained its overnight rate at 1.75%, as of January 23rd 2020.

The Bank of Canada announced Wednesday it is maintaining the target for the overnight rate at 1.75%. The Bank noted trade conflicts and concerns around the energy sector as reasons for maintaining its policy. “As expected, … Read More

The Bank of Canada has maintained its target for the overnight rate at 1.75%, it announced Wednesday. Global economic concerns remain a key concern to the Bank of Canada, with ongoing uncertainty around trade conflicts causing … Read More

The Bank of Canada announced Wednesday it is maintaining its target for the overnight rate at 1¾%, while also softening its stance on future rate increases. “In this morning’s interest rate announcement, the Bank of Canada … Read More

The Central Bank announced Wednesday it is maintaining its target for the overnight rate at 1.75%, citing uncertainty around the energy and housing markets as reasons for standing pat. “The Bank of Canada’s interest rate announcement … Read More

In its latest monetary policy decision, Canada’s central bank announced Wednesday its benchmark interest rate will remain at 1.5%. The bank has gradually hiked its target overnight lending rate four times since mid-2017 – most recently … Read More

After a six-month pause, Canada’s central bank announced Wednesday morning it’s hiking its target overnight lending rate by a quarter of a percentage point to 1.5%. “Canada’s economy continues to operate close to its capacity and … Read More