Bank of Canada rate statement for July 2020. Rates remain unchanged.

July 15, 2020 at 03:00PM

Bank of Canada full rate statement for July 2020
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset Continue Reading:…

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