Bank of Canada maintains overnight rate, Prime will remain at 6.70%.
The Bank of Canada has decided to maintain the overnight rate today. Prime will remain at 6.70%. The next scheduled date for announcing the overnight rate target is April 12, 2023.
Bank of Canada increases overnight rate by 0.25%, Prime should rise to 6.70%.
The Bank of Canada has decided to raise the overnight rate today by 0.25%. Expect Prime to rise to 6.70% (previously 6.45%). The next scheduled date for announcing the overnight rate target is March 8, 2023. Press release
Bank of Canada increases overnight rate by 0.50%, Prime should rise to 6.45%.
The Bank of Canada has decided to raise the overnight rate today by 0.50%. Expect Prime to rise to 6.45% (previously 5.95%). The next scheduled date for announcing the overnight rate target is January 25, 2023. Press release
Bank of Canada increases overnight rate by 0.50%, Prime should rise to 5.95%.
The Bank of Canada has decided to raise the overnight rate today by 0.50%. Expect Prime to rise to 5.95% (previously 5.45%). The next scheduled date for announcing the overnight rate target is December 7, 2022. Press release
Bank of Canada increases overnight rate by 0.75%, Prime should rise to 5.45%.
The Bank of Canada has decided to raise the overnight rate today by 0.75% in an effort to stop inflation. Expect Prime to rise to 5.45% (previously 4.70%). The next scheduled date for announcing the overnight rate target is October…
Bank of Canada increases overnight rate by a full 1.00%, Prime should rise to 4.70%.
For the first time since 1998 the Bank of Canada has decided to raise the overnight rate today by 1.00% (four regular 0.25% increases) in an effort to fight escalating inflation . Expect Prime to rise to 4.70% (previously 3.70%)….
Bank of Canada increases overnight rate by 0.50%, Prime should rise to 3.70%
For the second time in 22 years the Bank of Canada has decided to raise the overnight rate today by 0.50% (two regular 0.25% increases). Expect Prime to rise to 3.70% (previously 3.20%). The next scheduled date for announcing the…
Bank of Canada increases overnight rate by 0.50%, Prime should rise to 3.20%
For the first time in 22 years the Bank of Canada has decided to raise the overnight rate today by 0.50% (two regular 0.25% increases). Expect Prime to rise to 3.20% (previously 2.70%). The next scheduled date for announcing the…
Bank of Canada increases overnight rate by 0.25%, Prime should rise to 2.70%
The Bank of Canada has decided to raise the overnight rate today by 0.25%. It’s the first rate increase since October 2018. Expect Prime to rise to 2.70% (previously 2.45%). The next scheduled date for announcing the overnight rate target…