comparemela.com

Latest Breaking News On - சிமோன் டீலி - Page 1 : comparemela.com

Bank of Canada expected to slow pace of bond buying this week as economic outlook improves

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Chris Wattie/Reuters The Bank of Canada is expected to reduce its pace of federal government bond buying this week in response to an improving economic outlook, while maintaining a cautious tone amid soaring COVID-19 cases and heightened lockdown measures in Ontario. Most analysts are forecasting a $1-billion cut to the central bank’s weekly bond-buying program – also known as quantitative easing, or QE – in its rate decision on Wednesday. The bank is currently buying at least $4-billion worth of federal government bonds each week in an effort to keep benchmark interest rates down and stimulate borrowing.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.