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(BOC) Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening

The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening. Inflation around the world remains high and broadly based. Global economic growth is slowing, although it is proving more […] The post (BOC) Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening appeared first on Action Forex... Read More

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Boc

Bank

Canada

Increases

Policy

Interest

Rate

Basis

Points

Continues

Quantitative

Tightening

Forex

Posted: Dec 7 2022, 15:02

Author Name: actionforex

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