Bank of Canada Holds The Overnight Policy Rate Steady at 5% For the Third Consecutive Meeting – December 6 2023
Posted by: Matthew J. Charlton
DECEMBER 6 2023 The Bank of Canada Held Rates Steady and Took A More Neutral Tone It was widely expected that the Bank of Canada would maintain its key policy rate at 5% for the third consecutive time. It will continue to sell government securities (quantitative tightening) to normalize its balance sheet. Market participants weighed […]
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