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 to

[email protected]English • 6 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.

Chat

@SamuelRJankisOP
link
English
10•6 months ago
Our rates from a 90 year perspective for anyone wondering:

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

[email protected]

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

What’s going on Canada?

Related Communities

🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

Sorted alphabetically by city name.

🏒 Sports

Hockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Toronto Blue Jays

Basketball

Toronto Raptors

Soccer

Main: /c/CanadaSoccer
Toronto FC

💻 Schools / Universities

Sorted by province, then by total full-time enrolment.

💵 Finance, Shopping, Sales

🗣️ Politics

General:
- Canada Politics
- FairVote Canada
Federal Parties (alphabetical):
- Animal Protection Party of Canada
- NDP
By Province (alphabetical):
- BC Greens

🍁 Social / Culture

Rules

Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca

267 users / day
1.99K users / week
3.71K users / month
8.27K users / 6 months
7.32K subscribers
6.15K Posts
54.8K Comments
Modlog