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1 result for “Bank of Canada Policy Interest Rate”

• Bank of Canada Policy Interest Rate(POLICY_RATE)

  The Bank of Canada's target for the overnight rate, the policy instrument set at each of the Bank's eight scheduled decision dates per year. It anchors the prime rates banks charge households and businesses, transmitting monetary policy through mortgages and business credit. This series carries the month-end target value.

  Bank of Canada, Valet · Monthly · Percent