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Bank of Canada Holds Policy Rate Steady at 5% Amid Global Economic Shifts

In its most recent rate announcement, the Bank of Canada opted to maintain its target for the overnight interest rate at 5%, while keeping the Bank Rate at 5¼% and the deposit rate at 5%. The bank is continuing its course of quantitative tightening, and insistent on restoring price stability in Canada.

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Canada's Central Bank Boosts Policy Rate 25bps, Quantitative Tightening Endures

Get the latest updates on the Bank of Canada's recent interest rate increase and its ongoing quantitative tightening strategy. Learn how these changes reflect global economic conditions and their potential impact on Canada's robust economic growth.

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Fed Raises Interest Rates Again, Aiming for Stability

In a bid to achieve economic stability and a 2% inflation target, the Federal Reserve has raised the key federal funds rate for the 10th consecutive time, reaching a 16-year high. Learn about the impact on the economy and the central bank's commitment to returning inflation to its target level.

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