BOC's Gravelle: Ready to act in the case of severe market-wide stress

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

BOC's Gravelle: Ready to act in the case of severe market-wide stress – by eren_fxstreet BOC CentralBanks

Bank of Canada Deputy Governor Toni Gravelle said on Wednesday that the BOC is ready to act in the case of severe market-wide stress and provide liquidity support to the financial system, as reported by Reuters."Quantitative tightening program will likely end sometime around the end of 2024 or first half of 2025; QT is working but will take some time to run its course."

"Bank would only be offering extraordinary liquidity in extreme market-wide situations, when entire financial system faced funding constraints." "This level is well below current level of roughly C$200 bln; our best estimate is somewhere in the range of C$20 bln to C$60 bln."

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 14. in İD

Indonesia Berita Terbaru, Indonesia Berita utama