Tag Archives: economy

The Bank of Canada has lowered its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. With the impact of U.S. trade actions on growth and inflation now clearer, the Bank has resumed providing projections for both the global and CanadianContinue reading “Bank of Canada Cuts Policy Rate to 2.25%”