The full text from the April 2024 Bank of Canada rate decision ...Middle East

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The full text from the April 2024 Bank of Canada rate decision
The full statement from the April Bank of Canada rate decision.--------------------------------------------------------------------------------------------------------------------------------------------------The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.The Bank expects the global economy to continue growing at a rate of about 3%, with inflation in most advanced economies easing gradually. The US economy has again proven stronger than anticipated, buoyed by resilient consumption and robust business and government spending. US GDP growth is expected to s

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