 BoC raises overnight rate by 25bps to 4.50 as widely expected. The Bank Rate and deposit rate are also lifted to 4.75 and 4.50 respectively. In the statement, BoC said, If economic developments evolve broadly in line with the MPR outlook, Governing Council expects to hold the policy rate at its current level while it ... The post BoC hikes 25bps, confirms a pause appeared first on Action Forex... 