Canada@lemmy.caEnglish · 4 months ago

Bank of Canada reduces policy rate by 25 basis points to 4½%

www.bankofcanada.ca

Bank of Canada reduces policy rate by 25 basis points to 4½%

www.bankofcanada.ca

SamuelRJankis@lemmy.world to

Canada@lemmy.caEnglish · 4 months ago

The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization.

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SamuelRJankis@lemmy.worldOP
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4 months ago
Our rates from a 90 year perspective for anyone wondering:

https://wowa.ca/bank-of-canada-interest-rate

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