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Home > Publications and Research > Press Releases > July 2002

Press Releases

24 July 2002
Bank of Canada Releases Monetary Policy Report Update

Press Release

The Bank of Canada today released its Update to the April Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy.
16 July 2002
Bank of Canada raises overnight rate target by 1/4 percentage point to 2 3/4 per cent

Press Release - Ottawa, Ontario

The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 3/4 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 3 per cent.

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