Bank of Canada Holds, But Cites Risks from Oil Prices and Trade

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The Bank of Canada held its policy rate at 2.25%, maintaining the level it has kept in place since October. The Bank said its outlook for growth “has not changed significantly since our January projection,” despite global shocks. It noted that higher oil prices alter the composition of growth, but have only a small net […]The post Bank of Canada Holds, But Cites Risks from Oil Prices and Trade appeared first on ActionForex.