Bank of Canada Interest Rate Holds at 0.25%: June 2020

Bank of Canada Interest Rate Holds at 0.25%: June 2020

The Bank of Canada interest rate is remaining at 0.25% for June 2020. On June 3, 2020, the Bank of Canada (BOC) announced they are maintaining the overnight rate of 0.25%, which came into effect on March 27, 2020. This was not a surprise as the BOC had called the…

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