Bank of Canada Holds The Overnight Policy Rate Steady at 5%
Posted by: Muneet Bhatia
Bank of Canada Holds The Overnight Policy Rate Steady at 5%. Bank of Canada Holds Rates Steady Acknowledging Economic Slowdown With last Friday’s publication of the anemic second-quarter GDP data, it was obvious that the Bank of Canada would refrain from raising rates at today’s meeting. Economic activity declined by 0.2% in Q2; the first […]
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