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BOC: No Plans for Tweak to QT Timelines

BOC

Q: How much discussion on rate cut size? Any discussion of cut bigger than 50bps?

  • A: We had a good discussion - what I can tell you is that there was a clear consensus that 50bps was appropriate. Summary of deliberations will provide more colour.

Q: Does acceleration in pace of cuts suggest BoC will bring forward timing of end of QT?

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Q: How much discussion on rate cut size? Any discussion of cut bigger than 50bps?

  • A: We had a good discussion - what I can tell you is that there was a clear consensus that 50bps was appropriate. Summary of deliberations will provide more colour.

Q: Does acceleration in pace of cuts suggest BoC will bring forward timing of end of QT?

Keep reading...Show less