Slowing Economy Keeps Bank of Canada On Hold in December  

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<p>The Bank of Canada maintained the overnight rate at 5.0%, while stating that it will continue with Quantitative Tightening (QT). The Bank highlighted the slowing in economic momentum stating, “economic growth stalled through the middle quarters of 2023 (and that) higher interest rates are clearly restraining spending”. The Bank also noted that the labour market […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/530590-slowing-economy-keeps-bank-of-canada-on-hold-in-december/">Slowing Economy Keeps Bank of Canada On Hold in December  </a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>