3:08 PM · 21 April 2021

BREAKING: Bank of Canada keeps rates unchanged, lowers bond purchases

The Bank of Canada left its benchmark interest rate unchanged at the effective lower bound of 0.25 %, as widely expected. Central bankers decided to scale back government bond purchases by $1billion per week to a rate of $3billion per week. Central bank expects GDP growth at 6.5% compared to January estimates of 4.0%. Inflation is expected to rise temporarily to around the top of the 1-3 percent inflation-control range.

USDCAD fell sharply after today's BoC interest rate decision and is heading towards support lat 1.2526. Source:xStation5

22 May 2026, 9:40 AM

Economic calendar (22.05.2026) US UoM final data in focus, German Ifo beats expectations

22 May 2026, 7:03 AM

Morning wrap (22.05.2026) Nasdaq climbs higher, supporting European and Asian stocks

21 May 2026, 2:54 PM

BREAKING: Mixed PMI from US

21 May 2026, 8:53 AM

Significant Weakness Following PMI Releases from France and Germany. ECB Hike Under Threat?

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