Key Interest Rate - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T04:42:17+00:00Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 2010
https://www.bankofcanada.ca/2009/04/fad-press-release-2009-04-21/
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 1/4 per cent, which the Bank judges to be the effective lower bound for that rate.2009-04-21T09:34:44+00:00enBank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 20102009-04-21