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Tag: Mandate Extension

Activity, Corporate Banking

USD/CAD Continues Higher Despite Bank of Canada Inflation Mandate Extension

December 14, 2021

Via: DailyFX

Overnight, the Bank of Canada (BoC) agreed to extend the 2% annual inflation mandate, which was set to expire on January 1. This allows BoC policymakers more flexibility in combating rising prices while waiting for the economy to absorb labor […]