Canada Stays Neutral on 1% Policy Rate on Economic Slack

Bank of Canada Governor Stephen Poloz extended the country’s interest-rate pause to four years today and remained neutral on his next move, citing slack in the economy that will keep inflation in check. Policy makers held the benchmark rate on overnight loans between commercial banks at 1 percent…

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Canada Stays Neutral on 1% Policy Rate on Economic Slack

Canada Stays Neutral on 1% Policy Rate on Economic Slack

Bank of Canada Governor Stephen Poloz extended the country’s interest-rate pause to four years today and remained neutral on his next move, citing slack in the economy that will keep inflation in check. Policy makers held the benchmark rate on overnight loans between commercial banks at 1 percent…

See the original post: 
Canada Stays Neutral on 1% Policy Rate on Economic Slack