The Bank of Canada announced its rate decision today, but this took a back seat to the U.S. Federal Reserve Chairman's semi-annual testimony before Congress. To no surprise, the Bank left its overnight target rate at 1.75 per cent. The Bank also released its Monetary Policy Report for July 2019, which contained its updated economic forecasts.
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Your Market News update for May 30, 2019 | View online Market News News that's moving the market now As Trade-War Worries Linger, Market Seems to Lack Buying Conviction May 30, 2019 8:40 AM | JJ Kinahan 6 min read | Daily Market Update