BOC hold overnight rate at 4.5%, bank rate at 4.75% and bank deposit rate at 4.25%
https://www.bankofcanada.ca/2023/03/fad-press-release-2023-03-08/
Consider the Fed hint they may increase rate even more, BOC is holding, would this cause terrible terrible damage on both sides? What will happen to the Canadian equity market? One can only speculate?
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