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 prime rate
Next Bank of Canada Prime Rate Announcement
A quick update. The next Bank of Canada prime rate announcement will be on March 2, 2010. Subscribe to this blog to receive automatic prime rate updates. Thanks.
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.
Related Story:
“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 [...]
Canadian Prime Rate Update
In Canada and the United States, the Canadian prime rate update is by definition an interest rate used by banks. The term originated as a rate of interest for favoured customers who had good credit with their banks.
Today, the prime rate is used in calculating some variable rate loans. This can often include secured [...]
Bank of Canada Prime Rate Remains Unchanged
Yesterday the Bank of Canada announced that it’s key interest rate will stay the same.
“The Bank of Canada kept its overnight rate target at 0.25% Tuesday and reiterated its conditional commitment to hold the current policy rate until the end of the second quarter of 2010. “The higher Canadian dollar, as well as ongoing restructuring [...]
