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Bank of Canada Leaves Policy Settings Unchanged as Expected

Adel 9 June, 2021 6:07 pm Market Update

In a widely expected decision, the Bank of Canada (BoC) announced on Wednesday that it left its key rate unchanged at 0.25% following the June policy meeting. The BoC decided to maintain the target of C$3 billion in weekly net asset purchases of the government of Canada bonds as well.

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