Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening - Bank of Canada

6/1/2022 12:00:00 AM2 years 11 months ago
The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%.
The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%. The Bank is also continuing its policy of quantitative tightening (… [+2799 chars]
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