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MNI: BANK OF CANADA HOLDS POLICY INTEREST RATE AT 0.25%

BOC SEES RATE HIKE CONDITIONS IN 'MIDDLE QUARTERS' OF `22

BOC SAYS IT'S ENDING QE, MOVING TO REINVESTMENT PHASE

BOC WILL SPECIFY NEW BOND PURCHASE PACE AT 1030 EST

BOC SAYS ECONOMY STILL NEEDS CONSIDERABLE SUPPORT

BOC SAYS INFLATION PRESSURES STRONGER, MORE PERSISTENT

BOC SEES INFLATION RETURNING TO AROUND 2% BY LATE 2022

BOC SEES OUTPUT GAP CLOSING IN MIDDLE QUARTERS OF 2022

BOC RAISES 2022 INFLATION FORECAST TO 3.4% FROM 2.4%

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

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