BOC to Stand on Sideline this Week. Unscheduled Policy Announcement Possible in Near Future

<p>Having cut the policy three times and announced QE program in March, BOC will likely keep the powder at the April meeting. Policymakers will explain the rationale of the stimulus measures, reinforcing that the policies are essential to containing the sharp slowdown in the first quarter. Recent economic data suggest that Canada’s economy is hit […]</p>
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