Bank of Canada on hold as council remains cautious
The Bank of Canada kept its key rate on hold at 1.25% today (March 7) as officials eyed the uncertain outcome of trade policy in the country’s southern neighbour.
“In the US, new government spending and previously announced tax cuts are anticipated to boost growth in 2018 and 2019,” the central bank said in its policy statement. “However, trade policy developments are an important and growing source of uncertainty for the global and Canadian outlooks.”
The Canadian economy grew 3% in 2017, in
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com