• BoC Governor Poloz: Unscheduled rate decision brings the policy rate to its effective lower bound

Notícias do Mercado

27 março 2020

BoC Governor Poloz: Unscheduled rate decision brings the policy rate to its effective lower bound

  • We are also working to keep the financial system functioning, helping make sure credit is available to people and companies
  • Intent of our decision today is two-fold: to immediately support financial system so it keeps on providing credit, and, over the longer term, to lay the foundation for economy's return to normalcy
  • Commercial Paper Purchase Program will help to restore key source of short-term funding for businesses
  • Acquiring of Government of Canada securities in the secondary market will help address strains in debt market and to enhance effectiveness of all other actions taken so far
  • Governing Council stands ready to take further action as required to support the Canadian economy and its financial system and to keep inflation on target

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