Bank of Canada monetary easing door slightly ajar
The Bank of Canada (BoC) held its policy interest rate steady at 5.00% at today's monetary policy announcement, an outcome that was widely expected.
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The Bank of Canada (BoC) held its policy interest rate steady at 5.00% at today's monetary policy announcement, an outcome that was widely expected.
Further comments coming in from Bank of Japan (BoJ) Governor Kazuao Ueda, as he continues to speak on the inflation and policy outlook.
The USD/CAD pair attracts some dip-buying during the Asian session on Tuesday and reverses a part of the previous day's losses.
The NZD/USD pair trades sideways near the psychological level of 0.6000 in Monday’s late Asian session.
Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that the “impact of past rises in import costs on Japan's inflation likely to dissipate.” Additional quotes Scheduled end to govt energy subsidies likely to also likely to affect inflation ahead.