Bank Of Canada Maintains Overnight Rate Target At 1/2 Per Cent

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Two things that stand out from the statement; BoC have an optimising growth outlook for both 2016 and 2017, There is no mention of further cuts. Had it not been for the fact that Oil continues to print multi-year lows then the Canadian Dollar may have bounced even higher than[​IMG]

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