Key Interest Rate - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T13:41:18+00:00Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening
https://www.bankofcanada.ca/2022/07/fad-press-release-2022-07-13/
The Bank of Canada today increased its target for the overnight rate to 2½%, with the Bank Rate at 2¾% and the deposit rate at 2½%.2022-07-13T10:01:55+00:00enBank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening2022-07-13Monetary Policy Report – July 2022
https://www.bankofcanada.ca/2022/07/mpr-2022-07-13/
The Canadian economy is now clearly in excess demand, and inflation is high and broadening. The Bank is projecting inflation to decline to about 3% by the end of 2023, and to return to the 2% target by the end of 2024.2022-07-13T10:00:43+00:00enMonetary Policy Report – July 20222022-07-13