FYI: Bank of Canada Lowers Key Rate Today
Добавлено: 04 дек 2007, 08:41
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FOR IMMEDIATE RELEASE
4 December 2007
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Bank of Canada lowers overnight rate target by 1/4 percentage point to 4 1/4 per cent
OTTAWA – The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 4 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 4 1/2 per cent.
FOR IMMEDIATE RELEASE
4 December 2007
--------------------------------------------------------------------------------
Bank of Canada lowers overnight rate target by 1/4 percentage point to 4 1/4 per cent
OTTAWA – The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 4 1/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 4 1/2 per cent.