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| Bank of Canada |
The Bank of Canada will make scheduled interest rate announcements on the following dates:
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| Bank of Canada |
The Bank Of Canada holds it's overnight rate at 5%, with the Bank Rate at 5% and the Deposit Rate at 5%. Per the BOC website, the bank is continuing it's policy of quantitative tightening.
This is the third rate hold in a row.
It will be interesting to see what sort of market response happens going into the Spring market.
Many people are waiting until rates go down before buying/selling, and many are looking for the theoretical 'bottom' of the market to buy.
Click here to read the Bank of Canada Press Release.
Bank of Canada The Bank of Canada will make scheduled interest rate announcements on the following dates: January 24, 2024* March 6, 2024 ...
