BOC Turns More Optimistic About Economy, Scales Back Term Financing

<p>Turning more optimistic on the economic outlook, BOC scaled back some term financing facilities, while leaving the policy rate and QE programs unchanged. Policymakers suggested that the impacts of the coronavirus pandemic have peaked, despite ongoing uncertainties. The members have turned more optimistic about the economic developments. The judged that impacts of the pandemic on […]</p>
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