Timothy Lane, Deputy Governor of the Bank of Canada said that the bank has seen developments in the plans regarding the launch of a CBDC.
Today we have the Bank of Canada’s rate decision and the market expectations are that the BoC will cut rates by 25bps. What can you expect?
The Bank of Canada said that it has no plans to issue digital currency at this time. But preparations are underway to build the capacity to do.
The Bank of Canada (BOC) will today start its first monetary policy statement of the year. Will the central bank leave interest rates unchanged?
Today, the US jobs report for May is due out. What are the expectations major Banks from May US NFP data? Here is the forecast by economists.
The oil price recovery continued after the latest Crude Oil Inventories report showed a larger rise in stockpiles compared to the previous week.A 2m barrels
The NZD, however, rallied sharply after RBNZ cash rate unchanged, but could be nearing exhaustion after about a week rally. And may set up soon for a move