-
Bank of Canada maintains policy rate and forward guidance, ends quantitative easing
The Bank of Canada today held 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’s extraordinary forward guidance on the path for the overnight rate is being maintained. The Bank is ending quantitative easing (QE) and moving into the reinvestment phase, during which it will purchase Government of Canada bonds solely to replace maturing bonds. The global economic recovery from the COVID-19 pandemic is progressing. Vaccines are proving highly effective against the virus, although their availability and ... (full story)
-
*BOC Forecast Suggests Key Rate Could Rise In Middle Quarters of 2022, Ahead Of Prior Estimate
— *Walter Bloomberg (@DeItaone) October 27, 2021
-
BANK OF CANADA ENDS QUANTITATIVE EASING, MOVES TO REINVESTMENT :
— IOTAF (@iotafmarkets) October 27, 2021
-
BoC:
— Newsquawk (@Newsquawk) October 27, 2021
Rate decision: Unchanged at 0.25%
Hike guidance: Slack should be absorbed middle quarters of '22, expected H2 '22
Taper pace: Ends QE, expected to be reduced to CAD 1bln/week from current CAD 2bln/week
- Comments
- Subscribe
- Comment #1
- Quote
- Oct 27, 2021 10:15am Oct 27, 2021 10:15am
- jordanvic
- | Joined Jul 2020 | Status: Bro | 920 Comments
- Comment #2
- Quote
- Oct 27, 2021 10:34am Oct 27, 2021 10:34am
- hans91
- Joined Jul 2018 | Status: Member | 59 Comments | Online Now
- Comment #3
- Quote
- Oct 27, 2021 10:50am Oct 27, 2021 10:50am
- umbrella man
- | Joined Aug 2009 | Status: Member | 552 Comments
- Comment #4
- Quote
- Oct 27, 2021 11:32am Oct 27, 2021 11:32am
- Donfeb
- | Joined Nov 2017 | Status: Member | 124 Comments