{"id":48146,"date":"2014-03-05T10:40:58","date_gmt":"2014-03-05T15:40:58","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=48146"},"modified":"2014-03-05T10:40:58","modified_gmt":"2014-03-05T15:40:58","slug":"canada-holds-rate-softens-warning-of-low-inflation-risks","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/05\/canada-holds-rate-softens-warning-of-low-inflation-risks\/","title":{"rendered":"Canada holds rate, softens warning of low inflation risks"},"content":{"rendered":"<p>By <a href=\"http:\/\/ift.tt\/1iP0FNb\"><u>CentralBankNews.info<\/u><\/a><br \/>\n&nbsp; &nbsp; Canada&#8217;s central bank held its target rate for the overnight rate steady at 1.0 percent, as widely expected, and said inflation is still expected to remain &#8220;well below&#8221; the bank&#8217;s target for some time so &#8220;the downside risks to inflation remain important,&#8221; while the risks from high household debt have not materially changed.<br \/>&nbsp; &nbsp; The Bank of Canada (BOC), which has maintained its rate since September 2010, added that &#8220;the timing and direction of the next change to the policy rate will depend on how new information influences this balance of risks.&#8221;<br \/>&nbsp; &nbsp; The BOC softened its earlier concern over inflation following an acceleration of inflation in January and December. In its previous statement in January, the central bank said the &#8220;downside risks to inflation have grown in importance.&#8221;<br \/>&nbsp; &nbsp;<\/p>\n<p><span style=\"font-family: Verdana, Geneva, sans-serif;font-size: 12px;line-height: 16px\">&nbsp;&nbsp;<\/span><br \/><span id=\"midArticle_3\"><\/span><span class=\"focusParagraph\"><span style=\"background-color: white;font-family: arial, helvetica, sans;font-size: 13px;line-height: 15px\"><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CentralBankNews.info &nbsp; &nbsp; Canada&#8217;s central bank held its target rate for the overnight rate steady at 1.0 percent, as widely expected, and said inflation is still expected to remain &#8220;well below&#8221; the bank&#8217;s target for some time so &#8220;the downside risks to inflation remain important,&#8221; while the risks from high household debt have not &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/03\/05\/canada-holds-rate-softens-warning-of-low-inflation-risks\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Canada holds rate, softens warning of low inflation risks&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-48146","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=48146"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/48146\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=48146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=48146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=48146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}