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Policy Interest Rate Kept Unchanged, with Caution the Bank of Canada's Watchword

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 13, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    As widely expected, the Bank of Canada kept its key policy interest rate unchanged at 0.5%, while upgrading their growth forecast relative to January forecasts, largely as a result of the 2016Q1 pop in growth. The Canadian economy is now forecast to expand by 1.7% in 2016, a marked upgrade from[​IMG]

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