New BOC Governor to Carry On Legacy, Keeping Rate and QE Intact

<p>The upcoming BOC meeting (June 3) will be the first one headed by incoming Governor Tiff Macklem. We expect him to leave the policy rate unchanged at 0.25%. The unconventional monetary policy, i.e.: QE, will also remain the same. Given the disappointing GDP and inflation data, the accompanying statement will maintain a cautious tone, with [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/featured/299448-new-boc-governor-to-carry-on-legacy-keeping-rate-and-qe-intact/">New BOC Governor to Carry On Legacy, Keeping Rate and QE Intact</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>