BoC Holds Rates, Unveils New Scenario Analysis

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As widely expected, the Bank of Canada held the overnight rate steady for a third consecutive meeting, while leaving the door open to future cuts — the overnight rate has remained at 2.75% since March, after 7 consecutive rate cuts lowered it from last year’s peak of 5%. The message from the rate announcement was […]The post BoC Holds Rates, Unveils New Scenario Analysis appeared first on Action Forex.