explain what happened in interest rate during these years from 2007 to 2016
Canadian Interest Rates
Monthly series: 2007-05 – 2016-04
V122530 = Bank rate
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Summary Date V122530
Low 9/7/2001 0.5
High 7/7/2001 4.75
Average 2007-05-01 – 2016-04-01 1.55
Date V122530
16-Apr 0.75
16-Mar 0.75
16-Feb 0.75
16-Jan 0.75
15-Dec 0.75
15-Nov 0.75
15-Oct 0.75
15-Sep 0.75
15-Aug 0.75
15-Jul 0.75
15-Jun 1
15-May 1
15-Apr 1
15-Mar 1
15-Feb 1
15-Jan 1
14-Dec 1.25
14-Nov 1.25
14-Oct 1.25
14-Sep 1.25
14-Aug 1.25
14-Jul 1.25
14-Jun 1.25
14-May 1.25
14-Apr 1.25
14-Mar 1.25
14-Feb 1.25
14-Jan 1.25
13-Dec 1.25
13-Nov 1.25
13-Oct 1.25
13-Sep 1.25
13-Aug 1.25
13-Jul 1.25
13-Jun 1.25
13-May 1.25
13-Apr 1.25
13-Mar 1.25
13-Feb 1.25
13-Jan 1.25
12-Dec 1.25
12-Nov 1.25
12-Oct 1.25
12-Sep 1.25
12-Aug 1.25
12-Jul 1.25
12-Jun 1.25
12-May 1.25
12-Apr 1.25
12-Mar 1.25
12-Feb 1.25
12-Jan 1.25
11-Dec 1.25
11-Nov 1.25
11-Oct 1.25
11-Sep 1.25
11-Aug 1.25
11-Jul 1.25
11-Jun 1.25
11-May 1.25
11-Apr 1.25
11-Mar 1.25
11-Feb 1.25
11-Jan 1.25
10-Dec 1.25
10-Nov 1.25
10-Oct 1.25
10-Sep 1.25
10-Aug 1
10-Jul 1
10-Jun 0.75
10-May 0.5
10-Apr 0.5
10-Mar 0.5
10-Feb 0.5
10-Jan 0.5
9-Dec 0.5
9-Nov 0.5
9-Oct 0.5
9-Sep 0.5
9-Aug 0.5
9-Jul 0.5
9-Jun 0.5
9-May 0.5
9-Apr 0.5
9-Mar 0.75
9-Feb 1.25
9-Jan 1.25
8-Dec 1.75
8-Nov 2.5
8-Oct 2.5
8-Sep 3.25
8-Aug 3.25
8-Jul 3.25
8-Jun 3.25
8-May 3.25
8-Apr 3.25
8-Mar 3.75
8-Feb 4.25
8-Jan 4.25
7-Dec 4.5
7-Nov 4.75
7-Oct 4.75
7-Sep 4.75
7-Aug 4.75
7-Jul 4.75
7-Jun 4.5
7-May 4.5
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