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Stories Tagged - overnight rate

Morning News Rundown
News

Sept. 04, 2014 | CREBNow

Morning News Rundown

News

Sept. 04, 2014 | CREBNow

Overnight rate maintained at one per cent

The Bank of Canada today announced yesterday it was maintaining its overnight rate at 1 per cent.

"Inflation is close to the two per cent target and is evolving as the Bank anticipated in its July Monetary Policy Report (MPR)," said a release from the Bank. "Recent data reinforce the Bank's view that the earlier pickup in inflation was attributable to the temporary effects of higher energy prices, exchange rate pass-through, and other sector-specific factors rather than to any change in domestic economic fundamentals."
News

April 24, 2014 | CREBNow

Bank of Canada maintains overnight lending rate

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