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Bank of Canada Holds Policy Rate at 5% 

Bank of Canada Holds Policy Rate at 5% 
The Bank of Canada maintained the overnight rate at 5.0%, while stating that it will continue with Quantitative Tightening (QT). The bank highlighted the slowing in economic momentum stating, “the Canadian economy has entered a period of weaker growth, which is needed to relieve price pressures. Economic growth slowed sharply in the second quarter of […] The post Bank of Canada Holds Policy Rate at 5% appeared first on Action Forex... Read More
Posted: Sep 6 2023, 14:58
Author Name: actionforex
Views: 110588

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