BoC Raises Key Rate 25bps to 1%

#11695
TradersCom
Keymaster

[quote=”Blarney” post=1425]Think Bank of Canada’s move was also driven in part by the desire to remove some of the stimulatory policy setting in Canada as a precaution against global turmoil.[/quote]

Likely – something the Fed has been trying to do but they just cant hit their inflation target to justify it