BoC UPDATE: BANK OF CANADA HOLDS RATE AT 25 BPS
Latest News Mark Goode 9 Sep
BANK OF CANADA RELIES ON QUANTITATIVE EASING As promised, 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 rely on large-scale asset purchases–quantitative easing (QE–of at least $5 billion per […]
Read More