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Last updated on April 16, 2014 at 17:13 EDT

Latest Overnight rate Stories

2014-04-10 16:22:23

TORONTO, April 10, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on April 16, 2014. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through the fall of this year, but called for a target of 1.25 by April 2015. The MPC provides an...

2014-01-16 16:22:28

TORONTO, Jan. 16, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on January 22, 2014. The Council further called for the Bank to hold the target at 1.00 percent through to January 2015. The MPC is a panel sponsored by the C.D. Howe Institute to provide an...

2013-11-28 16:21:57

TORONTO, Nov. 28, 2013 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on December 4, 2013. The Council further called for the Bank to hold the target at 1.00 through to December 2014. The MPC is a panel sponsored by the C.D. Howe Institute to provide an...

2013-10-17 16:23:31

TORONTO, Oct. 17, 2013 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on October 23, 2013. The Council further called for the Bank to hold the target at 1.00 through to early 2014, before raising it to 1.25 percent by October 2014. The MPC is a panel sponsored by...

2013-08-29 16:23:18

TORONTO, Aug. 29, 2013 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on September 4, 2013. The Council further called for the Bank to hold the target at 1.00 through to early 2014, before raising it to 1.25 percent by September 2014. The MPC is a panel...

2013-07-11 16:22:35

TORONTO, July 11, 2013 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on July 17, 2013. The Council further called for the Bank to hold the target at 1.00 through to early 2014, before raising it to 1.25 percent by July 2014. The MPC is a panel sponsored by...

2013-05-23 16:22:36

TORONTO, May 23, 2013 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on May 29, 2013. The Council further called for the Bank to hold the target at 1.00 through to May of 2014. The MPC is a panel sponsored by the C.D. Howe Institute to provide an independent...

2013-04-11 16:22:50

TORONTO, April 11, 2013 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on April 17, 2013. The Council further called for the Bank to hold the target at 1.00 through to April of 2014. The MPC is a panel sponsored by the C.D. Howe Institute to provide an...

2013-02-28 16:25:24

TORONTO, Feb. 28, 2013 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on March 6, 2013. The Council further called for the Bank to hold the target at 1.00 through to March of 2014. The MPC is a C.D. Howe Institute project that provides an independent...

2013-01-17 16:22:18

TORONTO, Jan. 17, 2013 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on January 23, 2013. The Council further called for the Bank to hold the target at 1.00 through mid-year, recommending a target of 1.25 percent by January of 2014. The MPC is a C.D. Howe...