BoC stands pat, expects Q3 to recover 40% of H1 economic collapse

<p>BoC kept monetary policy unchanged as widely expected. Overnight Rate is held at the effective lower bound of 0.25%. Bank Rate is kept at 0.25% correspondingly, deposit rate at 0.25%. BoC will also continue the QE program with large-scale asset purchases of at least CAD 5B per week of government bonds. BoC also pledge to […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/311307-boc-stands-pat-expects-q3-to-recover-40-of-h1-economic-collapse/">BoC stands pat, expects Q3 to recover 40% of H1 economic collapse</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>