BoC’s Gravelle elaborates on holding interest rates steady amid balanced economy

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<p>In a speech overnight, BoC Deputy Governor Toni Gravelle said the decision to maintain policy interest rate at 5% this week was an effort to “balance the risks of over- and under-tightening.” BoC aims to avoid excessively slowing down the economy, while also alleviating the burden of high inflation on Canadians. Gravelle observed that the […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/530766-bocs-gravelle-elaborates-on-holding-interest-rates-steady-amid-balanced-economy/">BoC’s Gravelle elaborates on holding interest rates steady amid balanced economy</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>