Please find below a chart for the repo rate, Bank of Canada (BoC) main interest rate. The chart begins in 1935.
The Bank of Canada conducts its monetary policy by raising or lowering the repo rate (reference for overnight refinancing operation).
The BoC has for mandate to maintain price stability. The rise in prices should stay in a range from 1% to 3% per annum on the short-run and close to 2% year-on-year over the medium term (index: Consumer Price Index). The BoC has an inflation targeting policy.
The Bank of Canada conducts its monetary policy by raising or lowering the repo rate (reference for overnight refinancing operation).
The BoC has for mandate to maintain price stability. The rise in prices should stay in a range from 1% to 3% per annum on the short-run and close to 2% year-on-year over the medium term (index: Consumer Price Index). The BoC has an inflation targeting policy.
Bank of Canada interest rate
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