Canada Monetary Policy


Canada: Bank of Canada maintains overnight rate at 1.00%

June 5, 2012

At its 5 June 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 acknowledged that global economic growth is weakening and that


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Canada Monetary Policy Chart

Canada Monetary Policy May 2012

Note: Target for the Overnight Rate in %.
Source: Bank of Canada (BoC).

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