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(BOC) Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening

The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening. Global inflation remains high and broad-based. Inflation is coming down in many countries, largely reflecting lower energy prices as […] The post (BOC) Bank of Canada increases policy interest rate by 25 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: Jan 25 2023, 15:02

Author Name: actionforex

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