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BOC POLICY PREVIEW - JAN 2021: Steady, Micro-Cut?

MNI has published our January 2021 BOC Meeting Preview that includes a summary of sell-side analysts' opinions and exclusive policy analysis.

The Bank of Canada will keep its target rate on hold at 0.25% Wednesday, while holding asset purchases steady at CAD4B/week. Covid-19 and it's more infectious variants continue to weigh on economic activity necessitating the Bank to remain highly accommodative. That said, positive vaccine developments are lending hope to quicker economic recovery.

Please use link below for full PDF document (contact us if you cannot access it):

BOC Jan 2021

Preview includes:

  • MNI POV (Point of View)
  • MNI Central Bank Data Watch
  • Sell-Side Analyst Views
  • MNI Policy Team Insight

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