Bank of Canada Resumes Monetary Easing

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Summary The Bank of Canada (BoC) resumed its monetary easing at today’s announcement, lowering the policy rate by 25 bps to 2.50%. The central bank said a weaker economy, combined with less upside risk to inflation, justified today’s rate cut. While the central bank’s assessment of the economy’s prospects and inflation risks has softened, the […]The post Bank of Canada Resumes Monetary Easing appeared first on Action Forex.