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Full text of the Bank of Canada rate decision on Sept 9, 2020

September 09, 2020 at 03:01PM

Full text of the Bank of Canada rate decision on Sept 9, 2020
Full text:
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 purchases of at least $5 billion per
week of Government
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