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BoC stands pat as conditional pause starts

BoC stands pat as conditional pause starts
BoC kept overnight rate unchanged at 4.50% as widely expected. It reiterated the stance to hold policy rate at current level, “conditional on economic developments evolving broadly in line with the MPR outlook”. Nevertheless, BoC is “prepared to increase the policy rate further if needed.” In the accompanying statement, BoC noted, “the latest data remains […] The post BoC stands pat as conditional pause starts appeared first on Action Forex... Read More
Posted: Mar 8 2023, 15:08
Author Name: actionforex
Views: 082149

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