BOC Pledges to Continue with Easing Until Inflation Returned to +2% Sustainably.
<p>As widely anticipated, BOC maintained both the policy rate and all the asset purchases programs unchanged at the July meeting. While acknowledged positive economic developments since the last meeting, policymakers cautioned that the economy’s recuperation will be slow and pledged to maintain the ultra accommodative monetary policy. They took one more step this month by […]</p>
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