Sentences with phrase «by a quarter of a percentage point today»

Not exact matches

The Bank of Canada today announced that it is lowering its target for the overnight rate by one - quarter of one percentage point to 1/2 per cent.

Amid sliding oil prices and a sluggish Canadian economy, the Bank of Canada defied prior predictions and actually lowered the key interest rate today by a quarter - percentage point — from 1 % to 0.75 %.

The Bank of Canada today announced that it is lowering its target for the overnight rate by one - quarter of one percentage point to 1/2 per cent.

The Bank of Canada today announced that it is raising its target for the overnight rate by one - quarter of one percentage point to 1/2 per cent.

For the first time in seven years, the Bank of Canada announced today that it was hiking its key overnight rate by a quarter percentage point (25 basis points) bringing it to 0.75 percent as the economy has staged a broadly based economic expansion this year.