Bank of Canada Announcement Oct 30, 2019 – Dovish Tone

The Bank of Canada (BoC) today has announced that it will be holding their key at 1.75%, translating to a prime rate of 3.95% at major financial institutions. The tone of their announcement definitely shows a more dovish tone (meaning a higher likelyhood of reducing the key rate in near future). There are a few […]

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