BOC CUTS KEY RATE 25BPS TO 2.5%, DROPS GUIDANCE ON FUTURE PATH

Sep-17 13:45
  • BOC CUTS KEY RATE 25BPS TO 2.5%, DROPS GUIDANCE ON FUTURE PATH
  • BOC WILL BE LESS FORWARD LOOKING THAN USUAL AMID TRADE WAR
  • BOC SAYS JOB MKT WEAKENED, SEES LESS UPSIDE INFLATION PRESSURE
  • BOC SAYS TO AID GROWTH WHILE ENSURING INFLATION IS CONTROLLED