Posts Tagged 'prime rate'

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Bank of Canada maintains overnight rate, but hints at higher rates

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Ottawa, Ontario -

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.

The profile for global economic growth has improved since the Bank released its January Monetary Policy Report (MPR). Europe is expected to emerge slowly from recession in the second half of 2012, although the risks around this outlook remain high.  The profile for U.S. ...

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17
APR
0

Categories: Bank of Canada, Canadian Economy, Finser Blog, Real Estate, Residential Mortgages

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Bank of Canada holds overnight rate steady for 12th time

Posted by:

Ottawa, Ontario -

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.

The heightened uncertainty around the global economic outlook has decreased in the weeks since the Bank released its January Monetary Policy Report (MPR). With tentative signs of stabilisation in European bank funding and sovereign debt markets, conditions in global financial markets have ...

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8
MAR
0

Categories: Bank of Canada, Canadian Economy, Market Trends, Real Estate, Residential Mortgages

Tags: , , , , ,