CAD Forex News
Bank Of Canada Leaves Rates Unchanged As Inflation Remains 'Too High'
The Bank of Canada announced its widely expected decision to once again leave interest rates unchanged on Wednesday, saying inflation is still "too high." The Canadian central bank held its target for the overnight rate at 5.0 percent, with the bank rate at 5.25 percent and the deposit rate at 5.0 percent.
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12 days ago
Bank Of Canada Leaves Rates Unchanged Amid Ongoing Inflation Concerns
In a widely expected move, the Bank of Canada on Wednesday announced that it has once again decided to leave interest rates unchanged. The decision to leave rates unchanged came as the Bank of Canada said its Governing Council is still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation.
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47 days ago
Bank Of Canada Leaves Rates Unchanged, Still Concerned About Inflation Outlook
Citing the outlook for the economy and inflation, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The decision to leave rates unchanged comes as the Bank of Canada said its Governing Council is "still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation."
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89 days ago
Bank Of Canada Leaves Rates Unchanged, Warns Further Increases May Be Needed
In a widely expected move, the Bank of Canada on Wednesday announced that it has decided to leave interest rates unchanged. The Canadian central bank attributed the decision to clearer signs that monetary policy is moderating spending and relieving price pressures.
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180 days ago
Bank Of Canada Raises Interest Rates Amid Lingering Inflation Concerns
Citing persistent underlying price pressures, the Bank of Canada on Wednesday announced its decision to raise interest rates by another quarter point. The Bank of Canada increased its target for the overnight rate to 5.0 percent, with the bank rate at 5.25 percent and the deposit rate at 5.0 percent.
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285 days ago
Bank Of Canada Resumes Raising Interest Rates
After leaving interest rates unchanged for two straight meetings, the Bank of Canada on Wednesday announced it has decided to once again raise rates. The Bank of Canada increased its target for the overnight rate by 25 basis points to 4.75 percent, citing stubbornly high inflation and stronger than expected economic growth.
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320 days ago
Bank Of Canada Leaves Interest Rates Unchanged For Second Straight Meeting
The Bank of Canada once again left interest rates unchanged on Wednesday, citing expectations consumer price inflation will continue to ease in the coming months. Canada's central bank held its target for the overnight rate at 4.50 percent for the second straight meeting after signaling in January that it expects to keep rates at their current level.
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376 days ago
Bank Of Canada Leaves Interest Rates Unchanged As Forecast
After signaling in January that it was done raising interest rates, the Bank of Canada followed through on Wednesday and left rates unchanged. The Bank of Canada said its Governing Council decided to maintain the policy rate at 4.5 percent, noting global economic developments have evolved broadly in line with the January outlook.
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411 days ago
Bank Of Canada Raises Interest Rates By Another Quarter Point
With persistent excess demand putting continued upward pressure on prices, the Bank of Canada on Wednesday announced its decision to raise interest rates by another quarter point. The Bank of Canada increased its target for the overnight rate by 25 basis points to 4.5 percent, in line with expectations.
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453 days ago
Bank Of Canada Raises Interest Rates By Another 50 Basis Points
The Bank of Canada on Wednesday announced its widely expected decision to raise interest rates by another half a percentage point, saying inflation remains "too high." The Canadian central bank increased its target for the overnight rate by 50 basis points to 4.25 percent, marking the seventh consecutive rate hike.
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502 days ago
