Bank of Canada holds rates steady, but much uncertainty
Posted by: Aneta Zimnicki
Bank of Canada (BoC) holds rates steady today. Acknowledges it cannot resolve trade uncertainty or mitigate effects of a trade war. Focus remains on maintaining price stability. >Tone: Dominated by rising tariffs, uncertainty, and extreme market volatility. >Canada: Economy slowing; employment down; wage growth softening. >US: Signs of slowing growth; inflation expectations climbing. >BoC outlook: […]
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