-
Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program
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 supplemented by its quantitative easing (QE) program, which continues at its current pace of at least $4 billion per week. The rebound in the global and Canadian economies has unfolded largely as the Bank had anticipated in its October Monetary Policy Report (MPR). More recently, news on the development of effective vaccines is providing reassurance that the ... (full story)
-
BoC Rate Statement: We're maintaining its extraordinary forward guidance, reinforced and supplemented by its quantitative easing program, which continues at its current pace of at least c$4 billion per week.
— North Africa Trading (@Forexmkts) December 9, 2020
-
BOC SAYS REITERATES THAT RATES WILL NOT GO UP UNTIL ECONOMIC SLACK IS ABSORBED, THIS WILL NOT HAPPEN UNTIL INTO 2023 #News #Forex #BOC #ECONOMIC
— Capital Hungry (@Capital_Hungry) December 9, 2020
-
BANK OF CANADA SAYS
— Joel (@JFrank_Crypto) December 9, 2020
- THE REBOUND IN THE GLOBAL AND CANADIAN ECONOMIES HAS UNFOLDED LARGELY AS THE BANK HAD ANTICIPATED IN ITS OCTOBER MPR
- NEWS ON THE DEVELOPMENT OF EFFECTIVE VACCINES IS PROVIDING REASSURANCE THAT THE PANDEMIC WILL END
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Dec 9, 2020 10:15am Dec 9, 2020 10:15am
- tush1822
- Joined Sep 2018 | Status: Member | 105 Comments | Online Now
- Comment #2
- Quote
- Dec 9, 2020 10:24am Dec 9, 2020 10:24am
- Capelli
- Joined Apr 2013 | Status: Member | 212 Comments
- Comment #3
- Quote
- Dec 9, 2020 1:18pm Dec 9, 2020 1:18pm
- NotBoris
- | Joined Jul 2019 | Status: Member | 1495 Comments
- Comment #4
- Quote
- Dec 9, 2020 4:06pm Dec 9, 2020 4:06pm
- Capelli
- Joined Apr 2013 | Status: Member | 212 Comments
- Comment #5
- Quote
- Dec 9, 2020 4:48pm Dec 9, 2020 4:48pm
- NotBoris
- | Joined Jul 2019 | Status: Member | 1495 Comments
- Comment #6
- Quote
- Dec 9, 2020 8:56pm Dec 9, 2020 8:56pm
- Capelli
- Joined Apr 2013 | Status: Member | 212 Comments
- Comment #7
- Quote
- Dec 10, 2020 10:44am Dec 10, 2020 10:44am
- tush1822
- Joined Sep 2018 | Status: Member | 105 Comments | Online Now