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BoC Summary of Deliberations

The 'BoC Summary of Deliberations' is a report released by the Bank of Canada that provides insights into the discussions and considerations of the Governing Council leading up to their monetary policy decisions. It measures the economic conditions and factors influencing interest rate decisions, offering transparency into the central bank's decision-making process. This summary is important as it helps financial markets and investors understand the rationale behind policy actions, potentially impacting currency valuations, bond yields, and stock markets. In the context of Canada, it provides crucial guidance on the economic outlook and monetary policy trajectory, influencing economic expectations and financial stability.