The next Bank of Canada monetary policy decision is three weeks away, and is coming at a time when talk is focused on when central banks will tighten their accommodative policies prompted by the global health crisis. The global economy is off to a better start than expected this year, prompting ... READ MORE >
RSM Canada Financial Conditions Index
RSM Canada Financial Conditions Index: Bank of Canada to remain accommodative
We anticipate that the Bank of Canada will maintain its overnight target rate of 0.25% and retain its current policy of accommodation in its announcement on Wednesday. Expectations are that the effects of the pandemic will have dampened economic growth during the first quarter of this year, even as ... READ MORE >