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Bank of Canada Hits Pause 

Bank of Canada Hits Pause 
The Bank of Canada maintained the overnight rate at 4.5%, while stating that it will continue with Quantitative Tightening (QT). Regarding recent economic data, the Bank stated that “restrictive monetary policy continues to weigh on household spending, and business investment has weakened alongside slowing domestic and foreign demand.” Although employment growth has been robust, it […] The post Bank of Canada Hits Pause appeared first on Action Forex... Read More
Posted: Mar 8 2023, 15:44
Author Name: actionforex
Views: 102255

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