Canada Monetary Policy

Canada

Canada: Bank of Canada maintains overnight rate at 1.00%

April 17, 2012

At its 17 April monetary policy meeting, the Bank of Canada (BoC) left the target for the overnight rate unchanged at 1.00%, a decision widely expected by market analysts. Monetary authorities have left rates unchanged since September 2010. The Central Bank issued a somewhat hawkish statement following its meeting, stating that


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