Bank Of Canada Rate Update June 7, 2023
The Bank of Canada today increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the deposit rate at 4.75%. The Bank is also continuing its policy of quantitative tightening.
The Bank of Canada today increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the deposit rate at 4.75%. The Bank is also continuing its policy of quantitative tightening.