Key Interest Rate

• October 23, 2001

  Bank of Canada lowers key policy interest rate by 3/4 percentage point to 2 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate* by three-quarters of one percentage point to 2 3/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3 per cent.

  Content Type(s): Press, Press releases
• October 1, 2001

  Bank of Canada releases 2002 schedule of dates for policy interest rate announcements

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its schedule of eight dates for announcing decisions on its key policy interest rate for 2002.

  Content Type(s): Press, Press releases