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Bank of Canada holds rates at 0.25%, as expected

July 15, 2020 at 03:00PM

Highlights of the Bank of Canada rate decision
The big news here is this line:
That’s forward guidance indicating no hikes until 2% inflation is ‘substantially achieved’. That last phrase leaves them some wiggle room but this is conditional forward guidance.
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Author: https://www.forexlive.com/news/!/bank-of-canada-holds-rates-at-025-as-expected-20200715 Selected by SYFX+

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