With clearer signs that monetary policy is moderating spending and relieving price pressures, Governing Council decided to hold the policy rate at 5%.
|
Bank of Canada |
Royal Bank of Canada Prime Rate |
| 5.00% unchanged |
7.20% unchanged |
Effective since Thursday, July 13, 2023
- Click here to consult the press release issued by the Bank of Canada.
- The next Bank of Canada announcement will be on December 6, 2023.
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