Bank of Canada to Likely Stay on Pause After Dip in Inflation

BoC expected to hold rates at 5.0% after surprise fall in CPI But persisting wage pressures mean future hike not off the table Quarterly forecasts also eyed when decision is announced Wednesday, 12:30 GMT No change in rates expected The Bank of Canada looks set to keep its overnight rate unchanged at 5.0% at its […] The post Bank of Canada to Likely Stay on Pause After Dip in Inflation appeared first on Action Forex.

Bank of Canada to Likely Stay on Pause After Dip in Inflation

BoC expected to hold rates at 5.0% after surprise fall in CPI But persisting wage pressures mean future hike not off the table Quarterly forecasts also eyed when decision is announced Wednesday, 12:30 GMT No change in rates expected The Bank of Canada looks set to keep its overnight rate unchanged at 5.0% at its […]

The post Bank of Canada to Likely Stay on Pause After Dip in Inflation appeared first on Action Forex.