Trade deal negotiations give cause for BoC to wait
The recent rebound in core inflation and improved timely activity indicators will prompt the Bank of Canada to keep rates on hold at 2.75% next week – not least given policymakers will also want to wait for more clarity on future trade relations with the US. We still expect easing to resume soon, though two cuts this year is beginning to look less likely.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
