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BoC’s Beaudry: Data since April tipped the balance for rate hike
Paul Beaudry, Deputy Governor of BoC, has shed more light on the unexpected 25bps rate hike that took place this week. In a speech, he explained that the evidence gathered from a multitude of economic indicators had “tipped the balance” in favor of this decision. The persistent excess demand in Canadian economy, he observed, posed […] The post BoC’s Beaudry: Data since April tipped the balance for rate hike appeared first on Action Forex...
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Posted: Jun 9 2023, 04:51
Author Name: actionforex
Views: 081285