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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.
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Free AccessBOC Saw Danger In Extending Rate Pause- Meeting Minutes
- (MNI) Bank of Canada officials saw the economy running hot into the second quarter and a need to get ahead of persistent inflation pressure, according to minutes from the June 7 decision to end the pause of interest-rate hikes.
- Officials discussed "the need to be forward-looking and not wait too long to ensure that monetary policy was restrictive enough," according to the six-page document released Wednesday from Ottawa.
- "More recent data, particularly the increase in housing resales, suggested additional momentum in household sector demand. Growth in the second quarter was therefore viewed as likely to be stronger than forecast in the April Monetary Policy Report," the summary of deliberations showed.
- Link to summary of deliberations: https://www.bankofcanada.ca/2023/06/summary-govern...
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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.