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(BOC) Bank of Canada increases policy interest rate

Started by PocketOption, Mar 03, 2022, 04:55 am

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(BOC) Bank of Canada increases policy interest rate

The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %. The Bank is continuing its reinvestment phase, keeping its overall holdings of Government of Canada bonds on its balance sheet roughly constant until such time as […]


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