BoC stands pat as economic slowdown eases inflationary pressures

<p><img width="531" height="325" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-canada1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>BoC keeps overnight rate target unchanged at 5.00%, aligning with market expectations. In its policy statement, the central bank emphasized its ongoing concern about inflationary risks, stating it “remains prepared to raise the policy rate further if needed.” Nevertheless, BoC also noted recent data suggesting that the Canadian economy is “no longer in excess demand”. […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/530580-boc-stands-pat-as-economic-slowdown-eases-inflationary-pressures/">BoC stands pat as economic slowdown eases inflationary pressures</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>