RSS BoC's Gravelle: We expect to announce end of quantitative tightening in the first half of 2025

[Crax Bot]

Bank of Canada (BoC) Deputy Governor Toni Gravelle noted on Thursday that although the BoC is expected to draw down its quantitative tightening program in 2025, the Canadian central bank won't be immediately pivoting into a similar quantitative easing structure like it has done in recent years.

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