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  • Writer's pictureMark Albert

BANK OF CANADA / Jan. 9, 2019 / BOC Interest Rate Announcement Explained / Why Was Rate Maintained


Bank of Canada (BOC) made an announcement to maintain the overnight rate at 1 ¾ per cent on January 9, 2019. There are a combination of reasons why the Bank of Canada is taking this position. The next interest rate announcement will be March 6, 2019, followed by April 24, 2019. Bank of Canada (BOC) Interest Rate Announcement Explained.


Prior Bank of Canada Interest Rate Announcements:


BOC Interest Rate Announcement - December 2018


BOC Interest Rate Increase - October 2018


More information on the Bank of Canada



 

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