 The Bank of Canada today increased its target for the overnight rate to 412, with the Bank Rate at 434 and the deposit rate at 412. The Bank is also continuing its policy of quantitative tightening. Global inflation remains high and broad-based. Inflation is coming down in many countries, largely reflecting lower energy prices as ... The post BOC Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening appeared first on Action Forex... 