Bank of Canada Keeps Status Quo, Rate Hikes Still on the . . .
The Bank of Canada delivered a status quo rate decision today, keeping its target rate and bond purchases unchanged. This was expected, in part due to the Bank’s longstanding tradition of keeping a low profile during election campaigns so as to remain apolitical. . The overnight lending rate remains at 0. 25%, where it’s been since March 2020, and the Bank’s bond-buying program (a. k. a . . .
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