Bank of Canada’s Policy Interest Rate Held steady at 4.50%

Canada’s key interest rate had been raised at all eight scheduled policy reviews from March 2022 through January 2023 by a total of 425 basis points from 0.25% to 4.50%, but no change was made at the March 2023 review, nor today. As was the case in March, officials have not ruled out a further […]

Canada’s key interest rate had been raised at all eight scheduled policy reviews from March 2022 through January 2023 by a total of 425 basis points from 0.25% to 4.50%, but no change was made at the March 2023 review, nor today. As was the case in March, officials have not ruled out a further […]