Bank of Canada held policy rate at 2.25% on Wednesday, as widely expected, with Governor Tiff Macklem saying recent growth and inflation data had evolved broadly in line with July projections. In his opening statement in Ottawa, Macklem highlighted a “broadening recovery” after GDP expanded 3.3% in Q2, with gains in consumption, housing, exports and […]The post BoC Holds, Looks Through Oil Spike—But Watches Closely for Broader Spillovers appeared first on ActionForex.