Taktaz Return Today:
na
-
Investors Seek Clues on Bank of Canada’s Next Taper: Decision Guide
Investors will be looking for fresh hints from the Bank of Canada this week on its next move to reduce emergency levels of monetary stimulus. The Ottawa-based central bank was among the first from advanced economies to shift to a less expansionary policy in April, when it accelerated the timetable for a possible interest-rate increase and pare back its bond purchases. While no major change is expected at its Wednesday policy decision, due at 10 a.m., a second taper is widely seen happening at its next decision on July 14, as the expansion accelerates in the second half of the year and the Canadian economy plods ... (full story)