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Bank of Canada Rate Announcement July 15th, 2020

by Cynthia Dreger | Jul 15, 2020 | Announcements, Blog, Mortgage

Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing. The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is...

Bank of Canada Rate Announcement July 15th, 2020

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