Bank of Canada keeps interest rate unchanged

The Bank of Canada announced Tuesday 1 March that it is maintaining its target for the overnight rate at 2 1/2 per cent. The Bank said the outlook for the Canadian economy and inflation remained essentially unchanged since January.

The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent.

Since the release of the January Monetary Policy Report Update, the accumulated information on the Canadian and global economies has been broadly consistent with the

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: