Breaking: Bank of Canada leaves policy rate unchanged at 4.5% as expected – by FXstreetNews Breaking BOC CentralBanks
In its policy statement, the BoC reiterated that it expects to hold the key rate at its current level, conditional on the economy developing broadly in line with its forecasts.edges slightly higher as investors assess the BoC's policy announcements. As of writing, the pair was trading at its highest level since early November, rising 0.2% on the day at 1.3778.
"Strength of China's recovery and impact of Russia's war in Ukraine remain key sources of upside risk to forecasts for commodity prices."Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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