Bank of Canada Holds The Overnight Policy Rate Steady For the Fourth Consecutive Meeting
General Angela Calla 29 Apr
Bank of Canada Holds Policy Rate Steady Today, the Bank of Canada once again held the policy rate steady at 2.25%. This is the bottom of the Bank’s estimate of the neutral overnight rate, where monetary policy is neither expansionary nor contractionary. With inflation hovering at 2.4% and core inflation falling to 2.0%, the Governing […]
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