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Bank of Canada delivers a final 25 basis point hike
The Bank of Canada (BoC) raised the overnight rate to 4.5%, while stating that it will continue with Quantitative Tightening (QT). On rising prices, it stated that “inflation is projected to come down significantly this year. Lower energy prices, improvements in global supply conditions, and the effects of higher interest rates on demand are expected […] The post Bank of Canada delivers a final 25 basis point hike appeared first on Action Forex...
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Posted: Jan 25 2023, 15:41
Author Name: actionforex
Views: 110588