Bank of Canada Holds Rates Steady For Sixth Consecutive Meeting
Posted by: Karli Shih
Today, the Bank of Canada held the overnight rate at 5% for the sixth consecutive meeting and pledged to continue normalizing its balance sheet. Governor Macklem confirmed that inflation is moving in the right direction, labour markets are easing, and wage pressures appear to be dissipating. In today’s release of the April Monetary […]
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