Loonie Soars After Bank of Canada Ends QE Early, Accelerates...

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2021-10-27 14:52:59 - Translate -

Canadian central bankers led by Governor Tiff Macklem announced they would stop growing holdings of Canadian government bonds, ending a quantitative easing program that has poured hundreds of billions into the financial system since the start of the Covid-19 pandemic, weekly bond purchases had been C$2 billion.
https://www.zerohedge.com/markets/loonie-soars-after-bank-canada-ends-qe-early-accelerates-potential-timing-rate-hikes

Canadian central bankers led by Governor Tiff Macklem announced they would stop growing holdings of Canadian government bonds, ending a quantitative easing program that has poured hundreds of billions into the financial system since the start of the Covid-19 pandemic, weekly bond purchases had been C$2 billion. https://www.zerohedge.com/markets/loonie-soars-after-bank-canada-ends-qe-early-accelerates-potential-timing-rate-hikes

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Loonie Soars After Bank of Canada Ends QE Early, Accelerates Potential Timing Of Rate Hikes

Another hawkish shock.

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