November 17, 1999
Key Interest Rate
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May 4, 1999
Bank Rate Lowered by ¼ Percentage Point to 4¾ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one per cent to 4¾ per cent. -
March 31, 1999
Bank Rate Lowered by ¼ Percentage Point to 5 Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one per cent to 5 per cent. The associated operating band for overnight interest rates was similarly reduced. -
November 18, 1998
Bank Rate Lowered by ¼ Percentage Point to 5¼ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5¼ per cent. -
October 16, 1998
Bank Rate Lowered by ¼ Percentage Point to 5½ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5½ per cent. -
September 29, 1998
Bank Rate Lowered by ¼ Percentage Point to 5¾ Per Cent
The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5¾ per cent. -
August 27, 1998
Bank Rate Raised by 1 Percentage Point
The Bank of Canada today raised its Bank Rate by one percentage point to 6 per cent. -
January 30, 1998
Bank Rate Raised to 5 Per Cent
The Bank of Canada today raised its Bank Rate by ½ of one percentage point to 5 per cent. -
December 12, 1997
Bank Rate Raised to 4 1/2 Per Cent
The Bank of Canada today raised its Bank rate by ½ of one percentage point to 4 ½ per cent. -
November 25, 1997
Bank Rate Raised in Response to Persistent Weakness in the Canadian Dollar
The Bank of Canada today raised the Bank Rate by 1/4 of one percentage point to 4 per cent. The Bank's operating band for the overnight rate was similarly adjusted.