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Has the Bank of Canada Reached its Interest Rate Summit?

Has the Bank of Canada Reached its Interest Rate Summit?
Summary The Bank of Canada (BoC) raised its policy rate 25 bps to 5.00% at last week’s announcement, and while BoC Governor Macklem suggested the end of the tightening cycle was close, there were nonetheless several hawlish elements in the announcement. In particular, the Bank of Canada expects excess demand within the Canadian economy to […] The post Has the Bank of Canada Reached its Interest Rate Summit? appeared first on Action Forex... Read More
Posted: Jul 21 2023, 15:04
Author Name: actionforex
Views: 102845

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