BoC UPDATE: BANK OF CANADA HOLDS OVERNIGHT RATE AT 0.25% AND RECALIBRATES BOND-BUYING PROGRAM
General Mark Goode 29 Oct
Bank of Canada Recalibrates Quantitative Easing As expected, the Bank held its target overnight rate at the effective lower bound of 25 basis points with the clear notion that negative policy rates are not in the cards. Instead, the central bank will continue to rely on large-scale asset purchases–quantitative easing (QE). The central bank is recalibrating its QE […]
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