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Bank of Canada Overnight Rate Staying at 1.75% for January 2019

January 10, 2019 • Financial Industry, Real Estate Industry

The Bank of Canada announced on January 9, 2019 that the overnight rate would remain at 1.75% for the time being.

Reasons for the stay included the global economy, oil markets, and the Canadian housing market.

Read more about why the Bank of Canada decided to hold rates, and when the next increase might come, here: https://www.purview.ca/bank-of-canada-overnight-rate-january-2019/

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