Bank of Canada keeps key interest rate target on hold despite more upbeat forecast
The central bank says its key interest rate target will stay at 0.25% until the economy recovers and inflation is back at its 2% comfort
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Bank of Canada
Freeland says aid needed, but not infinite, as central bank targets 2022 for recovery
Central bank holds overnight rate target at 0.25%, which is where it will stay until the economy has recovered.
Bank of Canada warns of uneven recovery despite better than expected bounce back
Central bank holds key interest rate at 0.25%
Bank of Canada holds rate, forecasts decline in GDP of 7.8% this year
Outlook is less rosy than those the Trudeau Liberals relied on in their economic update released a week ago.
Bank of Canada cuts key interest rate target to 0.25%
The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement
Bank of Canada cuts rate target to 0.75 per cent in response to COVID-19
The Bank of Canada is cutting its overnight rate target by half a percentage point to 0.75 per cent in response to COVID-19
Bank of Canada pumps $7B, expands bond buy backs to ease economic concerns
Earlier in the day, the U.S. Federal Reserve pumped vastly more money, US$1.5T, into American financial markets, which did little to stop the bleeding on
Immediate worry of COVID-19 spurred Bank of Canada rate cut, Poloz says
Canada’s top central banker says concerns about the immediate impact of the novel coronavirus spurred the Bank of Canada to cut its trend-setting interest rate
Bank of Canada cuts key rate to 1.25 per cent amid coronavirus concerns
The Bank of Canada is cutting its key interest rate target by half of a percentage point, dropping it to 1.25 per cent in response
Innovation, investments needed to work with Bank of Canada on growth, Wilkins says
Breaking down inter-provincial trade barriers and reforming tax and regulatory systems will keep the country’s economy humming into the future, the Bank of Canada’s second-in-command
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