The Reserve Bank has today lifted the Official Cash Rate (OCR) to 0.50 per cent. “It is appropriate to continue reducing the level of monetary stimulus so as to maintain […]
Bank of Canada to break sequence of lower terminal rates as governments splurge
TORONTO (Reuters) – With fiscal spending booming and households flush with cash, investors are betting that the Bank of Canada’s next tightening cycle, expected to begin in 2022, will result […]