BoC keeps rate at 0.25%, scales back some market operations

<p>BoC kept overnight rate at “effective lower bound” of 0.25% as widely expected. Bank Rate and deposit rates are held correspondingly at 0.50% and 0.25% respectively. The surprise is that it decided to scale back some market operations as financial conditions improved. Though, BoC maintains its commitment to continue large-scale asset purchase until economic recovery […]</p>
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