Skip to main content

Bank to call time on QE

We expect the Bank of Canada to call time on its net asset purchases next week by transitioning to the “reinvestment phase” of QE.  Widespread labour shortages suggest economic slack is being rapidly absorbed, but the current low rate of wage growth and well-anchored inflation expectations imply the Bank will keep its interest rate guidance unchanged.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access