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Bank of Canada maintained its target for the overnight rate at 5.0%, with the Bank Rate at 5.25% and the deposit rate at 5.0%; the Bank is continuing its policy of quantitative tightening

Commentary: Economists expect Canadian housing market to rebound in 2024, largely dependent on forecasts of Bank of Canada cutting interest rate from current 5%; TD sees signs of market starting to turn around despite recent weaker sales, pricing activity

Bank of Canada maintained its target for the overnight rate at 5.0%, with the Bank Rate at 5.25% and the deposit rate at 5.0%; the Bank is continuing its policy of quantitative tightening

Commentary: Experts predict Canada's interest rates will remain high and not return to pre-pandemic levels; economist suggests Bank of Canada likely to bring overnight rate to between 2%-3%, but not anytime soon

Bank of Canada maintained its target for the overnight rate at 5.0%, with the Bank Rate at 5.25% and the deposit rate at 5.0%; the Bank is continuing its policy of quantitative tightening

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