(BOC) Bank of Canada Maintains Overnight Rate Target at 1/4 per cent; Removes Conditi

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04-20-2010, 01:11 PM

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(BOC) Bank of Canada Maintains Overnight Rate Target at 1/4 per cent; Removes Conditi

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. Global economic growth has been somewhat stronger than projected, with momentum in...

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