Free Trial

Instant Answers From Bank of Canada Decision

BOC
(MNI) OTTAWA
  • Overnight Rate Target (level in X.XX%) 0.25%
  • Does the Bank REDUCE the pace of QE to CAD1 billion a
    WEEK? NO
  • Does the Bank REDUCE the pace of QE to LESS THAN CAD1
    billion a week? N/A
  • Does the BOC set a MONTHLY pace for QE of CAD4 billion-
    CAD5 billion? NO
  • Does the BOC indicate it’s entering the re-investment
    phase of QE? YES
  • Does the BOC offer forward guidance for a rate increase
    in the second half of 2022? N/A
  • Does the BOC signal it could raise interest rates
    SOONER than the second half of 2022? YES
  • Does the BOC signal it could raise interest rates LATER
    than the second half of 2022? NO
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.