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Bank of Canada Holds Rates Steady amid Economy's "Uneven" Adjustment

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 25, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Bank of Canada held the overnight rate steady at 0.50% as expected. The brief policy statement acknowledged a number of developments since the April 2016 meeting; the sum of which indicated that the economy's adjustment to lower oil prices is continuing although "proving to be uneven." The Bank made[​IMG]

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