Sentences with phrase «cent key interest rate»

Not exact matches

Last week it stood by its plan to keep a key short - term interest rate near zero until unemployment drops below 6.5 per cent.

TORONTO — The head of Canada's central bank is leaving Canada's key interest rate unchanged at 1 per cent.

The Bank of Canada announced on Tuesday it's going to leave the key interest rate at one per cent.

A recent report by the Conference Board of Canada estimates that, based on the pace of the Canadian economy (and ignoring factors that are constraining our maneuvering space on monetary policy, such as the situation in Europe and the Fed's interest rate target), our key interest rate right now should be 2.5 per cent.

Here's what a five - year flexible mortgage at a 2.9 per cent rate (one of the lowest available for that term) looks like right now, with the key interest rate at one per cent:

OTTAWA — The Bank of Canada on Wednesday maintained its key interest rate at one per cent, confirming expectations that the bank would hold off on further rate hikes amid slackening economic data.

The Bank of England raised short - term interest rates by 25 basis points in June to 7 1/2 per cent, citing mounting labour market pressures and an inflation rate above target as key concerns.

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has, in a surprise move, cut its key benchmark interest rate by 200 basis points from 25.5 per cent to 23.5 per cent, citing downward trends in inflation.

OTTAWA — The Bank of Canada is maintaining its key interest rate at one per cent, where it's been for more than three years during a weak economic recovery from the last recession.

The U.S. Federal Reserve has already started to raise its key interest rate with the latest quarter point increase on Wednesday to a range of one per cent to 1.25 per cent.

TORONTO — In slashing its key interest rate to 0.5 per cent, the Bank of Canada is aiming to boost both consumer spending and business investment by providing cheaper access to capital.

The moves comes after the Bank of Canada raised its key interest rate for the first time in seven years on Wednesday to 0.75 per cent from 0.5 per cent.

After seven years of very low interest rates, the Bank of Canada raised its key interest rate by another quarter of a percentage point, up to 1 per cent from 0.75 per cent.

The Bank of Canada recently announced an increase in its key interest rate from 1 to 1.25 per cent and, subsequently, most major banks have raised their prime lending rates 25 basis points as well to

The Bank of Canada recently announced an increase in its key interest rate from 1 to 1.25 per cent and, subsequently, most major banks have raised their prime lending rates 25 basis points as well to 3.45 per cent.

While this card does come with an annual fee of $ 120, and interest rates at 16.80 per cent plus prime (19.80 per cent at today's rates), it also includes a key opportunity for savings: it's loaded with travel insurance options such as travel medical and trip cancellation insurance.