The BoC stops and peers through the fog of the trade war
All tagged Overnight Rate
Bank of Canada policy rate on hold for now
Bank of Canada September 6th Announcement
BoC raises key interest rate. Why is this important?
As many leading economists and all 6 big banks predicted, the Bank of Canada has raised the overnight rate to 1.75%. In this article, we explore why all these rates matter to every Canadian household, why the BoC has raised interest rates, and what to expect in the year ahead.