Bank of Canada full rate statement from the March 27 rate cut
Bank of Canada cuts rates by the 50 basis points to 0.25%
The full statement from the Bank of Canada:
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. This unscheduled rate decision brings the
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