Category: BoC

BoC holds steady on rates, in line with expectations. Cautiously hawkish bias maintained.

“While less monetary policy stimulus will likely be required over time, Governing Council will be cautious in making future adjustments to the policy rate.”
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Posted in BoC, Central Banks, Monetary Policy |

BoC surprised with a 25 bps hike to overnight rate to 1.0%. GOC yields and loonie surge.

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Posted in BoC, Central Banks, Markets, Monetary Policy |