The Bank of Canada is set to release its interest rate decision at 9 a.m. ET Wednesday. Most economists have forecast that the Bank’s Governor Mark Carney will lift the benchmark interest rate for a third consecutive time, to 1 per cent. Follow our live blog for up-to-the-minute analysis and market reaction from The Globe’s economy team.
加拿大央行宣布加息到1%
- 主题发起人 daifu
- 开始时间
prime rate is 3% now
http://business.financialpost.com/2010/09/08/canadas-banks-raise-prime-rate-to-3/
Canada's banks raise prime rate to 3%
With the Bank of Canada raising its benchmark interest rate 25 basis points to 1% Wednesday morning, Canada’s major banks are now following suit.
Canada’s six largest banks, TD Bank Financial Group, RBC Royal Bank, Canadian Imperial Bank of Commerce, BMO Bank of Montreal, the Bank of Nova Scotia and National Bank, have all raised their prime lending rates by the same 25 basis points to 3%.
Smaller banks including Desjardins Group and Laurentian Bank have also raised their prime rates by the same amount, to 3%.
There was some uncertainty among analysts prior to BoC governor Mark Carney’s decision early Wednesday, owing to the slowing Canadian economy and the more serious economic difficulties faced by the United States.
Canada’s banks tend to move tightly in concert following a rate change at the Bank of Canada.
http://business.financialpost.com/2010/09/08/canadas-banks-raise-prime-rate-to-3/
Canada's banks raise prime rate to 3%
With the Bank of Canada raising its benchmark interest rate 25 basis points to 1% Wednesday morning, Canada’s major banks are now following suit.
Canada’s six largest banks, TD Bank Financial Group, RBC Royal Bank, Canadian Imperial Bank of Commerce, BMO Bank of Montreal, the Bank of Nova Scotia and National Bank, have all raised their prime lending rates by the same 25 basis points to 3%.
Smaller banks including Desjardins Group and Laurentian Bank have also raised their prime rates by the same amount, to 3%.
There was some uncertainty among analysts prior to BoC governor Mark Carney’s decision early Wednesday, owing to the slowing Canadian economy and the more serious economic difficulties faced by the United States.
Canada’s banks tend to move tightly in concert following a rate change at the Bank of Canada.
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