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.
Author: https://www.forexlive.com/news/!/bank-of-canada-holds-rates-at-025-as-expected-20200715 Selected by SYFX+