The press conference was cancelled because of the shooting near the Bank of Canada: Good morning. Carolyn and I are pleased to be here with you today to discuss the October Monetary Policy Report (MPR), which the Bank published this … Continue reading
The bank will run updates as to what is going on over there.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
Just spotted that this is out as well, Sep real weekly earnings expected at 0.3% vs 0.4% prior m/m. Wages are a big part of the Fed rate picture so a big jump could counter any big falls in CPI
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