On March 10 2023, the Bank of Canada Held Rates Steady Even As the Fed Promised to Push Higher
Latest News Judy Conrad 13 Mar
As expected, the central bank held the overnight rate at 4.5%, ending, for now, the eight consecutive rate increases over the past year. The Bank is also continuing its policy of quantitative tightening. This is the first pause among major central banks. Economic growth ground to a halt in the fourth quarter of 2022, lower than […]
Read More