Bank of Canada maintains overnight average aim at one 1/4 per cent

as mentioned in The Bank of Canada this day maintained its aim for the overnight average at one 1/4 per cent. The Bank average Information Systems correspondingly one 1/2 per cent & the deposit average Information Systems one per cent. Inflation Information Systems running lock to the two per cent aim & the Bank's core measures of inflation have edged up, consistent by an economy operating near capacity. In this context, Governing Council maintained the aim for the overnight average at one 1/4 per cent. Information noteThe following scheduled date for announcing the overnight average aim Information Systems April 18, 2018.

Cautious Bank of Canada warns on trade uncertainty, borrowing slowdown

Canada's central bank has put interest average hikes on hold as it weighs the fallout from a slowdown in household borrowing & looming unite states tariffs on steel & aluminum. As widely expected, the Bank of Canada saved its key interest average unchanged at 1.25 per cent Wednesday. Some are even talking about an interest average cut if trade crises worsen. Wednesday's interest average pause comes as unite states President Donald Trump's menace of imminent tariffs on steel & aluminum imports Information Systems spreading fear of a universal trade war. "The bank continues to screen the economy's sensitivity to higher interest rates," according to the statement.

Cautious Bank of Canada warns on trade uncertainty, borrowing slowdown

Bank of Canada Flags Trade Policy dangers in Holding averages Steady

as mentioned in While universal development Information Systems "solid & broad-based," recent developments in trade policy have become "an important & growing source of uncertainty" for the Canadian economic outlook, the central bank said. That probably promote Bank of Canada Governor Stephen Poloz's Warning about any decision to tighten monetary policy further. The statement was "modestly dovish" for flagging trade policy developments, John Hardy, head of foreign-exchange strategy at Saxo Bank A/S in Hellerup, Denmark, told in an inteview. By the central bank's own measure, interest averages are still about two percentage points below what it would consider "neutral" & the central bank did repeat it expects borrowing csots to still going higher. In addition, the central bank told it continues to screen the economy's sensitivity to higher rates, & highlighted a recent deceleration in household credit.

Bank of Canada Holds averages Steady as unite states Tariff outline Weighs on Outlook

OTTAWA—The Bank of Canada on Wednesday left its benchmark interest average unchanged & ramped up its warnings over trade after the unite states final 7 days declared plans for universal tariffs on steel & aluminum. The decision to save the benchmark interest average at 1.25% was widely anticipated with economists, with many telling which worries over Canada's trade releation with the unite states reinforced their expectations which the central bank wouldn't make any policy changes. U.S. President Trump final 7 days promised to impose tariffs on steel and...

Bank of Canada Holds Rates Steady as U.S. Tariff Plan Weighs on Outlook

collected by :Irax John

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