BoC Set to Hold as Inflation and Growth Concerns Fade

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The Bank of Canada is widely expected to hold the overnight rate at 2.25% at Wednesday’s policy announcement—marking a sixth consecutive pause after 50 basis points of cuts over September and October last year. The BoC highlighted two-sided risks to the interest rate in their prior policy meetings – risks of cuts tied to potential […]The post BoC Set to Hold as Inflation and Growth Concerns Fade appeared first on ActionForex.