BoC Holds Rates as Broader Recovery Offsets Rising Oil Risks

Wait 5 sec.

The Bank of Canada left its overnight rate unchanged at 2.25%, extending its pause for a sixth consecutive meeting, but the accompanying statement struck a more constructive tone on the domestic economy. While policymakers continued to emphasize uncertainty stemming from the Middle East conflict and US trade policy, they also acknowledged that Canada’s recovery is […]The post BoC Holds Rates as Broader Recovery Offsets Rising Oil Risks appeared first on ActionForex.