Monetary Policy Report Press Conference Opening Statement
The COVID-19 pandemic has caused an unprecedented fall in economic activity in Canada, and the recovery will require considerable monetary policy support. Our overriding message to Canadians is that the Bank will be there to provide monetary stimulus for an extended period to support the recovery and return inflation to its 2 percent target.
Original Article Source Credits: Bank of Canada , https://www.bankofcanada.ca/
Article Written By : Tiff Macklem
Original Article Posted on : July 15, 2020
Link to Original Article: https://www.bankofcanada.ca/2020/07/opening-statement-150720/