BoC remains on hold, emphasizing weakened economic backdrop

BoC remains on hold, emphasizing weakened economic backdrop

December 06, 2023 | Curtis Grainger Jason Fields

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The Bank of Canada opted to keep the overnight rate unchanged at 5% in its announcement today after also foregoing a hike in each of September and October.  This ARTICLE by RBC Economics provides more details about the Bank of Canada's rate decision today.  

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Economy

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