Bank of Canada Official Says QE Helped Lift Growth By As Much As 3%

senior Bank of Canada official provided one of the central bank’s most fulsome defenses yet for purchasing a sizable chunk of bonds during the pandemic, saying the efforts lifted economic output by as much as 3%.

senior Bank of Canada official provided one of the central bank’s most fulsome defenses yet for purchasing a sizable chunk of bonds during the pandemic, saying the efforts lifted economic output by as much as 3%.