INSTANT VIEW-Bank of Canada keeps inflation target unchanged at 2% in monetary policy renewal

The Bank of Canada on Monday unveiled an agreement with the government to keep its inflation target unchanged at 2% and said it could maintain rates lower for longer if need be to help keep employment at optimal levels. STORY:

MARKET REACTION: CAD/ LINK:https://www.bankofcanada.ca/2021/12/joint-statement-of-the-government-of-canada-and-the-bank-of-canada-on-the-renewal-of-the-monetary-policy-framework/

COMMENTARY

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