Not exact matches
Many on Bay Street and Wall Street actually prefer the Canadian
central bank's
commitment to talking with one voice, compared to the mixed messages sent
by the Fed's freewheeling policy makers.
Until Tuesday, the
central bank had pledged to pump $ 1.1 trillion into markets via its asset - buying and lending program
by the end of this year, but had made no
commitment on whether to maintain the balance beyond 2014.
The Federal Reserve's announcement on Thursday said that the
central bank has launched a third round of quantitative easing, pledging to expand its balance sheet
by nearly a half a trillion dollars a year beyond existing
commitments.
«The governor of the
Bank of Canada made an early year commitment to Canadians that the central bank would stand by its low interest rate policy into 2010,» says Phil Soper, CEO of Royal LePage Real Estate Servi
Bank of Canada made an early year
commitment to Canadians that the
central bank would stand by its low interest rate policy into 2010,» says Phil Soper, CEO of Royal LePage Real Estate Servi
bank would stand
by its low interest rate policy into 2010,» says Phil Soper, CEO of Royal LePage Real Estate Services.