Search results
Results from the WOW.Com Content Network
U.S. Prime Rate Charged by Banks, Federal Funds Rate, Commercial Paper. Key interest rate: Lookup tool This tool allows you to make side-by-side comparisons of changes to the Bank Rate and the target for the overnight rate over time.
Weekly posted interest rates covering prime rate, conventional mortgages, guaranteed investment certificates, personal, daily interest savings, and non-chequable savings deposits, offered by chartered banks. Rates presented are the most typical of those offered by the six major chartered banks.
Policy interest rate. The Bank carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year. For more information on the policy interest rate, see this explainer.
Get quick access to data on exchange rates, money markets, inflation, interest rates and bond yields. All Bank of Canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes from financial institutions.
This tool allows you to make side-by-side comparisons of changes to the Bank Rate and the target for the overnight rate over time. You can also determine when the rate was last at a specified level, or changed by a specified amount.
The Bank of Canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report. It also reconfirmed the scheduled interest rate announcement dates for the remainder of this year.
At the Bank of Canada, the primary tool we use to control inflation is our target for the overnight rate—also called our policy interest rate. This is the starting point for setting many of the interest rates in the economy that matter for Canadians.
Search our compilation of banking and financial indicators, including the Bank of Canada’s assets and liabilities, credit and monetary aggregates, chartered banks data and selected financial market statistics.
Bank of Canada. We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable. Policy interest rate. 4.25%. Sept 4, 2024. Total CPI inflation. 2.0%. Aug 2024.
These include the prime rate, which is used by the banks as a basis for pricing variable-rate mortgages. A policy-rate change can also affect long-term interest rates, especially if people expect that change to be long-lasting.