Real Estate In Red Deer & Area
Nichols Real Estate Group

Bank of Canada maintains policy rate

Bank Of Canada

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate. This is reinforced and supplemented by the Bank’s quantitative easing (QE) program, which is being maintained at a target pace of $2 billion per week.

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in Economy & Government

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Jon Nichols

Jon Nichols
CIR Realty
Phone: 403.302.0800
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Denise Nichols

Denise Nichols
CIR Realty
Phone: 403.302.9498
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Asebree Rephotography Joel Nichols Century21 3

Joel Nichols
CIR Realty
Phone: 403.357.7680
Email: