Bank of Canada: Bank of Canada reduces policy rate by 50 basis points to 3¼%

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Bank of Canada reduces policy rate by 50 basis points to 3¼%

Wednesday 11 December 2024 09:47 AM UTC+00
The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%.

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