The 'BoC Interest Rate Decision' is when the Bank of Canada announces its benchmark interest rate, which influences borrowing costs and economic activity. It is crucial for controlling inflation and supporting economic growth. Changes in the rate can significantly impact financial markets, affecting currency values, stock prices, and bond yields. This decision is closely watched as it reflects the central bank's economic outlook and monetary policy stance.
The 'BoC Interest Rate Decision' is when the Bank of Canada announces its benchmark interest rate, which influences borrowing costs and economic activity. It is crucial for controlling inflation and supporting economic growth. Changes in the rate can significantly impact financial markets, affect...