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The Bank Downgrades its Outlook for Economic Growth in Canada, But Leaves Interest Rates...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 21, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    The Bank of Canada left its key policy rate unchanged at 0.50% today. The Bank judges the current level of the overnight rate to be appropriate, but maintained a cautious tone in its outlook, acknowledging global risks and citing that the persistently low level of commodity prices has led to[​IMG]

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