CAD Forex News
Bank Of Canada Slashes Interest Rates By 50 Basis Points
Following three straight quarter point interest rate cuts, the Bank of Canada on Wednesday announced its widely expected decision to slash rates by a half point. The Bank of Canada said it decided to reduce its target for the overnight rate by 50 basis points to 3.75 percent, with the Bank Rate at 4 percent and the deposit rate at 3.75 percent.
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29 days ago
Bank Of Canada Cuts Interest Rates By Quarter Point For Third Straight Meeting
For the third straight meeting, the Bank of Canada on Wednesday announced that is decided to lower interest rates by another quarter point. The Bank of Canada announced its widely expected decision to reduce its target for the overnight rate by 25 basis points to 4.25 percent, with the Bank Rate at 4.50 percent and the deposit rate at 4.25 percent.
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78 days ago
Bank Of Canada Lowers Interest Rates By Another Quarter Point
In a widely expected move, the Bank of Canada on Wednesday announced its decision to lower interest rates by another quarter point. The Bank of Canada said it has reduced its target for the overnight rate by 25 basis points to 4.5 percent, with the bank rate at 4.75 percent and the deposit rate at 4.5 percent.
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120 days ago
Bank Of Canada Lowers Interest Rates By A Quarter Point As Widely Expected
Citing continued evidence that underlying inflation is easing, the Bank of Canada on Wednesday announced it has decided to lower interest rates by 25 basis points. The Bank of Canada reduced its target for the overnight rate to 4.75 percent, with the bank rate at 5.0 percent and the deposit rate at 4.75 percent.
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169 days ago
Bank Of Canada Leaves Rates Unchanged As Inflation Remains 'Too High'
The Bank of Canada announced its widely expected decision to once again leave interest rates unchanged on Wednesday, saying inflation is still "too high." The Canadian central bank held its target for the overnight rate at 5.0 percent, with the bank rate at 5.25 percent and the deposit rate at 5.0 percent.
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225 days ago
Bank Of Canada Leaves Rates Unchanged Amid Ongoing Inflation Concerns
In a widely expected move, the Bank of Canada on Wednesday announced that it has once again decided to leave interest rates unchanged. The decision to leave rates unchanged came as the Bank of Canada said its Governing Council is still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation.
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260 days ago
Bank Of Canada Leaves Rates Unchanged, Still Concerned About Inflation Outlook
Citing the outlook for the economy and inflation, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The decision to leave rates unchanged comes as the Bank of Canada said its Governing Council is "still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation."
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302 days ago
Bank Of Canada Leaves Rates Unchanged, Warns Further Increases May Be Needed
In a widely expected move, the Bank of Canada on Wednesday announced that it has decided to leave interest rates unchanged. The Canadian central bank attributed the decision to clearer signs that monetary policy is moderating spending and relieving price pressures.
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393 days ago
Bank Of Canada Raises Interest Rates Amid Lingering Inflation Concerns
Citing persistent underlying price pressures, the Bank of Canada on Wednesday announced its decision to raise interest rates by another quarter point. The Bank of Canada increased its target for the overnight rate to 5.0 percent, with the bank rate at 5.25 percent and the deposit rate at 5.0 percent.
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498 days ago
Bank Of Canada Resumes Raising Interest Rates
After leaving interest rates unchanged for two straight meetings, the Bank of Canada on Wednesday announced it has decided to once again raise rates. The Bank of Canada increased its target for the overnight rate by 25 basis points to 4.75 percent, citing stubbornly high inflation and stronger than expected economic growth.
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533 days ago
