Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, adjusts quantitative easing program
Posted by: Aneta Zimnicki
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, adjusts quantitative easing program. “There is still considerable excess capacity, and the recovery continues to require extraordinary monetary policy support. We remain committed to holding the policy interest rate at the effective lower bound until economic slack is absorbed. […]
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