BANK OF CANADA RATE UP
October 24th, 2018
BCREA ECONOMICS NOWBank of Canada Interest Rate Announcement - October 24, 2018The Bank of Canada raised its target for the overnight rate by 25 basis points to 1.75 per cent this morning. In the statement accompanying the decision, the Bank noted that the Canadian economy is expected to average growth of 2 per cent over the second half of 2018 before slowing to 1.9 per cent next year. The r ...