The Bank of Canada (BoC) held its policy rate at 2.25%, in line with market expectations. The Opening Statement made clear that uncertainty is higher than before as the “war in Iran has added a new layer of uncertainty”. The total impact of the shock is uncertain but “how long the conflict lasts and the […]The post Bank of Canada Holds as Expected, Highlights Risks are Tilted to the Downside appeared first on ActionForex.