Bank rate – Advisor's Edge

Banks respond to BoC cut by lowering prime rates

Mark — Mon, 30 Mar 2020 15:38:53 +0000

Horizons has also reduced fees on a high-interest savings ETF

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Bank of England cuts interest rate to 0.25%

Maddie Johnson — Wed, 11 Mar 2020 15:07:53 +0000

In addition to the rate cut, the central bank announced other emergency measures

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BoC holds key rate, citing U.S. trade uncertainty

Jean-Marc Jutras — Wed, 07 Mar 2018 11:12:11 +0000

The Bank of Canada (BoC) today maintained its target for the overnight rate at 1.25%, citing the growing uncertainty around trade. The bank rate is correspondingly 1.5%, and the deposit rate is 1%. In a press release, the central bank said global growth remains solid and broad-based, and it noted that U.S. government spending and […]

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Rates to rise starting next week: big five banks

Jean-Marc Jutras — Mon, 08 Jan 2018 12:34:18 +0000

Strength of jobs market seals the deal

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Canadians to feel the pinch if rates rise: survey

Jean-Marc Jutras — Mon, 23 Oct 2017 09:59:59 +0000

40% of those surveyed say that if interest rates go up much more, they are afraid they will be in financial trouble.

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BoC holds benchmark rate, cites weakness

Jean-Marc Jutras — Wed, 12 Apr 2017 10:49:46 +0000

Despite a growing economy, the Bank holds steady because of soft investment and wages.

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Bank of Canada sets interest rate

Jean-Marc Jutras — Wed, 03 Dec 2014 10:12:09 +0000

The Bank of Canada is keeping its trend-setting interest rate at 1%, even as the Canadian economy shows signs of a broadening recovery.

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BoC unlikely to hike rates: CIBC

Jean-Marc Jutras — Tue, 07 Oct 2014 09:51:12 +0000

With inflation the sole monetary policy target in Canada, investors can't afford to ignore moves in the consumer price index.

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Let’s keep rates positive

Jean-Marc Jutras — Fri, 05 Sep 2014 00:00:00 +0000

Saving some money? If you’re European, it’ll cost you.

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Bankers in need swamp British lawyers

Jean-Marc Jutras — Fri, 29 Nov 2013 11:00:36 +0000

Prominent attorneys specializing in white-collar crime in London say they have gotten an influx of clients from the city’s financial sector in recent months, Bloomberg reports.

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