Jan 20 (Reuters) -
* BANK OF CANADA HOLDS O/N INTEREST RATE AT 0.25%
* BOC SAYS IT IS MAINTAINING ITS EXTRAORDINARY FORWARD GUIDANCE, REINFORCED AND SUPPLEMENTED BY ITS QE PROGRAM, WHICH CONTINUES AT ITS CURRENT PACE OF AT LEAST C$4 BILLION PER WEEK
* BOC SAYS THE CANADIAN ECONOMY WILL CONTINUE TO REQUIRE EXTRAORDINARY MONETARY POLICY SUPPORT
* BOC: WILL HOLD THE POLICY INTEREST RATE AT THE EFFECTIVE LOWER BOUND UNTIL ECONOMIC SLACK IS ABSORBED SO THAT THE 2% INFLATION TARGET IS SUSTAINABLY ACHIEVED IN 2023
* BOC: WE REMAIN COMMITTED TO PROVIDING THE APPROPRIATE DEGREE OF MONETARY POLICY STIMULUS TO SUPPORT THE RECOVERY AND ACHIEVE THE INFLATION OBJECTIVE