Bank of Canada maintains overnight rate target at 1 per cent

Ottawa, Ontario – The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The global economy has unfolded broadly as the Bank projected in its July Monetary …

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Bank of Canada maintains overnight rate target at 1 per cent