Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 2010

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Media Type: Document
Media Date: April 21, 2009
Crisis: Global Financial Crisis (2007-2009)
Intervention: Broad-Based Emergency Liquidity
Content Type: Press Release
Publisher(s): Bank of Canada/Central Bank of Canada/La Banque du Canada
Author(s)/Creator(s): Bank of Canada/Central Bank of Canada/La Banque du Canada
Language(s): English
Case Series: Broad-Based Emergency Liquidity
Related Resources: View Original Publication
Country(ies) or Region(s): Canada