The BoC Rate Sees No Change, Despite High Inflation
November 4, 2021 | Buying
Canada’s central bank, which sets the cost of borrowing among the country’s consumer lenders, opted in Late October to keep its trend-setting Overnight Lending Rate untouched at 0.25%, where it has remained since March 2020. Since the start of the pandemic, the Bank of Canada has used their rate to…
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