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BoC Press Conference

The 'BoC Press Conference' is an event where the Bank of Canada (BoC) communicates its monetary policy decisions, economic outlook, and rationale behind interest rate changes. It is crucial for the economy and financial markets as it provides insights into the central bank's assessment of economic conditions and future policy direction. This event can significantly impact currency values, stock markets, and bond yields in Canada, as investors adjust their expectations based on the BoC's guidance. The press conference is closely watched for any hints about future monetary policy actions, which can influence economic growth and inflation in Canada.