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Posts Tagged ‘Monetary Policy’

Bank of Canada Reduces Policy Rate by 25 Basis Points

The Bank of Canada today announced a reduction in its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. This decision is part of the Bank’s ongoing policy of balance sheet normalization. Global Eco...

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Bank of Canada

Bank of Canada’s Decision: A Breakdown

Interest Rate Pause The Bank of Canada keeps the interest rate steady at 4.5%, pausing eight rate hikes between March 2022 and February 2023. This move aligns with the bank's strategy to assess the impact of previous hikes on the econo...

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