Bank of Canada has decided to keep the overnight lending rate the same.

Wednesday Oct 25th, 2017

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Bank of Canada has just announced that the overnight lending rate will remain the same. They have stated based on the outlook the council figures that the current stance of the monetary policy is just about right.

The bank of canada points out they will be guided by a mass amount of incoming information to analyse the situation with the economy regarding interest rates and the overall economic capacity. 

 

Click Below to read the full details:

https://www.bankofcanada.ca/2017/10/fad-press-release-2017-10-25/

 

Be prepared...Be informed.

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