Bank of Canada keeps interest rate unchanged at 2%

The Bank of Canada announced Tuesday 8 June that it is maintaining its target for the overnight rate at 2 per cent. In a press release it said all things considered, the Bank's outlook for economic growth and core inflation is essentially unchanged from that of the April Monetary Policy Report.

Economic information received since the release of the April Monetary Policy Report (MPR) has been generally consistent with the Bank's expectations for growth and core inflation, and reflects the Canad

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: