Bank of Canada Deputy Governor Gravelle: We now believe that for quantitative tightening to end, the settlement balance will need to be in the range of C$50 billion to C$70 billion, compared with an estimated range of C$20 billion to C$60 billion thi

2025-01-17

Bank of Canada Deputy Governor Gravelle: We now believe that for quantitative tightening to end, the settlement balance will need to be in the range of C$50 billion to C$70 billion, compared with an estimated range of C$20 billion to C$60 billion this year.