Key Interest Rate - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T12:43:41+00:00Bank of Canada will hold current level of policy rate until inflation objective is achieved, continues quantitative easing
https://www.bankofcanada.ca/2021/01/fad-press-release-2021-01-20/
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.2021-01-20T10:01:27+00:00enBank of Canada will hold current level of policy rate until inflation objective is achieved, continues quantitative easing2021-01-20Monetary Policy Report – January 2021
https://www.bankofcanada.ca/2021/01/mpr-2021-01-20/
While a second wave of COVID-19 is hurting Canadians now, the economy should rebound strongly later in the year. The Bank is forecasting growth of around 4 percent this year and close to 5 percent in 2022.2021-01-20T10:00:23+00:00enMonetary Policy Report – January 20212021-01-20