Bank of Canada Press Release

PRESS RELEASE - Bank of Canada keeps target for the overnight rate at 2 3/4 per cent, 4 September.

OTTAWA - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 3 per cent.

Consistent with the Bank's economic outlook in the July Monetary Policy Report Update, the Canadian economy continued its strong performance in the second quarter of the year and

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