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Bank of Canada (BOC) Interest Rate Statement

 

Definition: The Bank of Canada (BOC) releases its decision on the level of near term interest rates (overnight lending rate). Interest rates are usually raised to combat inflation and lowered to stimulate economic growth or fight deflation.

 

 

Additional Info:

Related Terms: BOJ Interest Rate Statement - FOMC Interest Rate Statement - ECB Interest Rate Statement - BOC Monetary Policy Report

 

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