The Weekly Bottom Line: Price Pressures Now on the Front Foot

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Canadian Highlights The Bank of Canada held the policy rate at 2.25%. Soft growth argues against further tightening, but the risk inflation pressures become more generalized keep cuts off the table, reinforcing a prolonged hold. Canada’s international trade books moved further into surplus territory. Broad export gains and firmer volumes point to net trade supporting […]The post The Weekly Bottom Line: Price Pressures Now on the Front Foot appeared first on ActionForex.