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BoC Summary of Governing Council deliberations: Fixed announcement date of June 4, 2025
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on June 4, 2025. This summary reflects discussions and deliberations by members of Governing Council in stage three of the Bank’s monetary policy decision-making process. This stage takes place after members have received all staff briefings and recommendations. Governing Council’s policy decision-making meetings began on May 30, 2025. The Governor presided over these meetings. Members in attendance were Governor Tiff Macklem, Senior Deputy Governor Carolyn Rogers and Deputy Governors Toni ... (full story)
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BoC Minutes: Members noted that underlying inflationary pressures could persist for an extended period as consumers and businesses adapt to the rewiring of global trade.
— FinancialJuice (@financialjuice) June 17, 2025
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THERE COULD BE NEED FOR FURTHER REDUCTION IN INTEREST RATE IF EFFECTS OF TARIFFS AND UNCERTAINTY CONTINUED TO SPREAD THROUGH ECONOMY AND COST PRESSURES ON INFLATION WERE CONTAINED
— First Squawk (@FirstSquawk) June 17, 2025
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— FinancialJuice (@financialjuice) June 17, 2025
BoC Minutes: The members agreed that the likelihood of a protracted and severe global trade war had diminished.
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