July 8, 2004
Media Relations
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June 16, 2004
Governor Dodge Discusses How Canada Is Adjusting to Changes in the Global Economy
The Canadian economy is well placed to adjust to the major changes underway in the world economy, Bank of Canada Governor David Dodge said today. While Canada has adopted the right policies to allow its economy to adjust to changing forces, it should continue its efforts to prepare for new opportunities and challenges, the Governor said.
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June 8, 2004
Bank of Canada keeps target for the overnight rate at 2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 1/4 per cent.
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April 15, 2004
Bank of Canada releases Monetary Policy Report
The Bank of Canada today released its April Monetary Policy Report, which reviews economic and financial trends in the context of Canada's inflation-control strategy.
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April 13, 2004
Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/4 per cent.
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