Free Trial

BOC HOLDS 4.5% RATE, DROPS PHRASE ABOUT CONTINUED PAUSE

MNI
(MNI) OTTAWA


BOC HOLDS 4.5% RATE, DROPS PHRASE ABOUT CONTINUED PAUSE

BOC REMAINS PREPARED TO HIKE AGAIN TO CURB INFLATION

BOC SEES IT TAKING LONGER TO RESTORE 2% INFLATION

BOC SEES 2% CPI AT END OF 2024 VS PRIOR VIEW OF `IN 2024'

BOC SAYS WAGES AND SERVICE INFLATION REMAIN ELEVATED

BOC SEES 3.5% CPI THIS YEAR, 2.3% IN 2024, 2.1% IN 2025

BOC SEES ECONOMY IN EXCESS DEMAND THROUGH 1ST HALF OF YR

BOC: INFLATION RISKS BALANCED BUT UPSIDE MORE CONCERNING

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.