Thursday , 14 November 2024
Home Forex BoC Meeting minutes: Central bank feels upside pressure on inflation will continue to decline
Forex

BoC Meeting minutes: Central bank feels upside pressure on inflation will continue to decline

According to the Bank of Canada’s (BoC) minutes from the October 2024 meeting that was released Wednesday, the governing council felt upside pressures on inflation will continue to decline, so the monetary policy did not need to be as restrictive.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

US Treasury: No manipulation of currency to gain trade advantage

Semi-annual currency report found no major U.S. trading partners manipulated currency to...

Mexican Peso surges as Banxico lower rates, more expected

The Mexican Peso wavers against the US Dollar on Thursday after snapping...

Fed’s Powell: Too early to reach judgements on effect of Trump policies

Federal Reserve (Fed) Chairman Jerome Powell is due to participate in a...

Gold price consolidates amid strong US Dollar, robust PPI data

Gold recovers some ground on Thursday yet remains trading below its opening...