CHRONOLOGY-Bank of Canada rate changes since 2000
TORONTO, Jan 22 (Reuters) - The Bank of Canada lowered its overnight rate by 25 basis points to 4.00 percent on Tuesday in a regularly scheduled announcement.
The following is a chronology of the Bank of Canada's changes to the overnight rate since 2000. Moves are measured in basis points (bps), each of which equals one-hundredth of a percentage point:
2008
Jan. 22 - Cut 25 bps to 4.00 pct
2007
Dec. 4 - Cut 25 bps to 4.25 pct
July 10 - Raised 25 bps to 4.50 pct
2006
May 24 - Raised 25 bps to 4.25 pct
April 25 - Raised 25 bps to 4.00 pct
March 7 - Raised 25 bps to 3.75 pct
Jan. 24 - Raised 25 bps to 3.50 pct
2005
Dec. 6 - Raised 25 bps to 3.25 pct
Oct. 18 - Raised 25 bps to 3.00 pct
Sept 7, - Raised 25 bps to 2.75 pct
2004
Oct. 19 - Raised 25 bps to 2.50 pct
Sept 8 - Raised 25 bps to 2.25 pct
April 13 - Cut 25 bps to 2.00 pct
March 2 - Cut 25 bps to 2.25 pct
Jan. 20 - Cut 25 bps to 2.50 pct
2003
Sept. 3 - Cut 25 bps to 2.75 pct
July 15 - Cut 25 bps to 3.00 pct
April 15 - Rasied 25 bps to 3.25 pct
March 4 - Raised 25 bps to 3.00 pct
2002
July 16 - Raised 25 bps to 2.75 pct
June 4, - Raised 25 bps to 2.50 pct
April 16 - Raised 25 bps to 2.25 pct
Jan. 15 - Cut 25 bps to 2.00 pct
2001
Nov. 27 - Cut 50 bps to 2.25 pct
Oct. 23 - Cut 75 bps to 2.75 pct
Sept. 17 - Cut 50 bps to 3.50 pct
Aug. 28 - Cut 25 bps to 4.00 pct
July 17 - Cut 25 bps to 4.25 pct
May 29 - Cut 25 bps to 4.50 pct
April 17 - Cut 25 bps to 4.75 pct
March 6 - Cut 50 bps to 5.00 pct
Jan. 23 - Cut 25 bps to 5.50 pct
2000
May 17 - Raised 50 bps to 5.75 pct
March 22 - Raised 25 bps to 5.25 pct
Feb. 3 - Raised 25 bps to 5.00 pct
(Reporting by John McCrank; Editing by Renato Andrade)
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