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Bank of Canada Finally Puts the Brakes on Interest Rates

Bank of Canada Finally Puts the Brakes on Interest Rates

In a refreshing change of pace, the Bank of Canada has voted to keep the overnight rate unchanged at its monetary policy meeting held today on the 8th of March. The pause in hiking wasn't out of line with expectations given the bank's Governor, Tiff Macklem, had publicly set intentions to do so after their last meeting.

In an effort to bring inflation under control... Read More

Posted: Mar 9 2023, 10:36
Author Name: financemagnates
Views: 102138

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