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Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program

by GIC Wealth Management | Dec 18, 2020 | Uncategorized

“The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance, reinforced and...

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Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program

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