Economic upturn helps Poloz keep politics out of rate decision - GIC Wealth Management

CALL US TODAY!

1-866-228-9442
For Your Information Economic upturn helps Poloz keep politics out of rate decision

Economic upturn helps Poloz keep politics out of rate decision

“At this morning’s regularly scheduled interest-rate decision – the only one landing during the lengthy campaign – the Bank of Canada held its key interest rate steady at 0.50 per cent. That came on the heels of a quarter-percentage-point rate cut at the bank’s previous setting in mid-July – a cut that had prompted considerable speculation that another subsequent cut was in the cards.”

To read the full article, click below
Economic upturn helps Poloz keep politics out of rate decision