-
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Global economic growth has evolved largely as anticipated in the Bank’s April Monetary Policy Report (MPR). In the United States, the economic expansion is progressing at a modest pace, with continued strengthening in private demand partly offset by fiscal consolidation. Japan’s economy is beginning to respond to significant policy stimulus. Europe, in contrast, remains in recession. Growth in China has continued to ease ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- May 29, 2013 10:05am May 29, 2013 10:05am
- Murdetrain
- | Joined May 2013 | Status: Member | 28 Comments
- Comment #2
- Quote
- May 29, 2013 10:08am May 29, 2013 10:08am
- kuncung
- | Joined Aug 2012 | Status: Member | 456 Comments
- Comment #3
- Quote
- May 29, 2013 10:10am May 29, 2013 10:10am
- rmitsos
- | Joined Feb 2011 | Status: Member | 14 Comments
- Comment #4
- Quote
- May 29, 2013 10:10am May 29, 2013 10:10am
- xivh
- | Joined Jan 2012 | Status: Member | 35 Comments
- Comment #5
- Quote
- May 29, 2013 10:13am May 29, 2013 10:13am
- polbanda
- | Joined Sep 2010 | Status: Member | 39 Comments
- Comment #6
- Quote
- May 29, 2013 10:14am May 29, 2013 10:14am
- Guest
- | IP XXX.XXX.171.230
- Comment #7
- Quote
- May 29, 2013 10:19am May 29, 2013 10:19am
- Guest
- | IP XXX.XXX.86.233
- Comment #8
- Quote
- May 29, 2013 10:19am May 29, 2013 10:19am
- kindergarden
- | Joined Dec 2010 | Status: Member | 1 Comment
- Comment #9
- Quote
- May 29, 2013 10:21am May 29, 2013 10:21am
- Guest
- | IP XXX.XX.215.105
- Comment #10
- Quote
- May 29, 2013 12:17pm May 29, 2013 12:17pm
- xivh
- | Joined Jan 2012 | Status: Member | 35 Comments