Following the Bank of Canada’s decision to leave its monetary policy rate unchanged at 0.25% as expected, Governor Tiff Macklem and Senior Lieutenant Governor Carolyn A. Wilkins are making their comments on policy perspectives at a press conference.
Key Comments:
“We are delivering exceptional guidance for the future, combined with a comprehensive economic projection, to provide as much clarity as possible to Canadians“.
“An adjustment in the QE is for maximize program effectiveness“.
“There is scope to do more with the QE program and if we need to do more, we will“.
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Credits: Forex Street
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