Bank of Canada Rate Announcement Jun 7th, 2023

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening. FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario June 7, 2023 The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is also continuing its policy […]
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