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Bank of Canada Reduces Policy Rate by 25 Basis Points

Bank of Canada Reduces Policy Rate by 25 Basis Points

by The Hawk Tech | Jun 6, 2024 | Uncategorized

The Bank of Canada has announced a reduction in its target for the overnight rate to 4¾%, with the Bank Rate set at 5% and the deposit rate at 4¾%. This decision is part of the Bank’s ongoing strategy for balance sheet normalization. Global Economic Context In...
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A post shared by Jennifer Plett- Personal Real Estate Corporation🏡🚪 (@realtorjenniferplett)

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