Prime Rate Held at 0.25%
The Bank of Canada has held its key interest rate at 0.25% as of this morning. This was widely expected as the Bank has stated that it wants to keep rates down until at least this summer.
Posts tagged bank of canada
Bank Of Canada Interest Rate – December 2009
The Bank of Canada has left its key overnight interest rate unchanged at 0.25 per cent.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.
While significant fragilities remain, [...]
Bank of Canada Prime Rate Announcement Due Tomorrow
The Bank of Canada’s next interest rate announcement comes tomorrow, Tuesday December 8 at 9:00 AM EST
Check back here for tomorrow’s announcement.
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“Bank of Canada Governor Mark Carney’s pledge to freeze record-low borrowing costs through June may be raising the chances of a bubble in home prices even as it helps the economy recover from [...]
Bank of Canada Prime Rate – September 2009
The Bank of Canada released its latest economic outlook today.
“Stimulative monetary and fiscal policies, improved financial conditions, firmer commodity prices, and a rebound in business and consumer confidence are supporting domestic demand growth in Canada,” the bank said in a statement Thursday.
“Combined with recent information on inventory adjustments and automotive production, this suggests that GDP [...]
