Tag: Rate Decision

Bank of Canada Keeps Status Quo, Rate Hikes Still on the Table for Next Year

The Bank of Canada delivered a status quo rate decision today, keeping its target rate and bond purchases unchanged.

This was expected, in part due to the Bank’s…

September 8, 2021

Bank of Canada Holds Rates, Says High Inflation Will be Temporary

The Bank of Canada’s Wednesday rate announcement was “steady as she goes,” as it maintained its Quantitative Easing program and reiterated that rates should stay…

June 9, 2021