Posts tagged ‘Bank of Canada’

  • The Bank of Canada’s Surprising Announcement

    Monday Morning Interest Rate Update for September 9, 2019

    Last week the Bank of Canada (BoC) left its policy rate unchanged, at 1.75%, as the consensus expected, but it also surprised market watchers by maintaining policy-rate language that gave no hint of rate cuts to come.

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  • Being Mark…

    Last Updated on March 30th, 2011

    Mark Carney and the Bank of Canada will meet next Monday to make the most anticipated interest rate announcement in years. Today’s post explains how the overnight rate works, why it is important, and makes a prediction about what Mr. Carney will do.

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