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Bank of Canada lowers overnight rate target by 1/4 percentage point to 4 1/4 per cent
OTTAWA – The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 4 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is Read More...

by George Bradie | (Comments Off)