Bank of Canada Holds Policy Rate at 5%
<p>The Bank of Canada maintained the overnight rate at 5.0%, while stating that it will continue with Quantitative Tightening (QT). The bank highlighted the slowing in economic momentum stating, “the Canadian economy has entered a period of weaker growth, which is needed to relieve price pressures. Economic growth slowed sharply in the second quarter of […]</p>
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