Bank rate

Banks respond to BoC cut by lowering prime rates

Horizons has also reduced fees on a high-interest savings ETF

By Staff |March 30, 2020

1 min read

Bank of England cuts interest rate to 0.25%

In addition to the rate cut, the central bank announced other emergency measures

March 11, 2020

4 min read

BoC holds key rate, citing U.S. trade uncertainty

The Bank of Canada (BoC) today maintained its target for the overnight rate at 1.25%, citing the growing uncertainty around trade. The bank rate is correspondingly 1.5%, and the deposit rate is 1%. In a press release, the central bank said global growth remains solid and broad-based, and it noted that U.S. government spending and […]

By Staff |March 7, 2018

3 min read

Rates to rise starting next week: big five banks

Strength of jobs market seals the deal

By Staff |January 8, 2018

2 min read