What explains Canada’s higher interest rate? - Globe and Mail Op-Ed
Op-Ed
What explains Canada’s higher interest rate? - Globe and Mail Op-Ed
The Bank of Canada announced on Wednesday that it was holding its overnight rate target constant at 1.75 per cent. By coincidence, the U.S. Federal Reserve announced its rate decision on the same day…
Bank of Canada bucks the trend, but for how much longer? - Globe and Mail Op-Ed
Op-Ed
Bank of Canada bucks the trend, but for how much longer? - Globe and Mail Op-Ed
The Bank of Canada announced on Wednesday that it was holding its overnight rate constant at 1.75 per cent. Although this was what the markets expected, it flies in the face of the general trend…
Bank of Canada Should Hold the Overnight Rate at 1.75 Percent Next Week, Cut to 1.25 Percent in Six Months: C.D. Howe Institute Monetary Policy Council
Council Report
Bank of Canada Should Hold the Overnight Rate at 1.75 Percent Next Week, Cut to 1.25 Percent in Six Months: C.D. Howe Institute Monetary Policy Council
August 29, 2019 – The C.D. Howe Institute’s Monetary Policy Council (MPC) has recommended that the Bank of Canada keep its target for the overnight rate, its benchmark policy interest rate…

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