USD CAD
today high impact BOC Rate Statement
BoC can't diverge too far from Fed's hikes for too long without the detriment to Canada.
Most probabaly, BoC = 4.5%,
Fed's FOMC range: 5.00 to 5.25%
Bank of Canada has a difficult Decision to make in Canada’s interest rates decision.
Will he raise rates?.
As Core CPI remains persistent, especially services inflation.
Remember Canada has had rates paused for a few months now.
today high impact BOC Rate Statement
BoC can't diverge too far from Fed's hikes for too long without the detriment to Canada.
Most probabaly, BoC = 4.5%,
Fed's FOMC range: 5.00 to 5.25%
Bank of Canada has a difficult Decision to make in Canada’s interest rates decision.
Will he raise rates?.
As Core CPI remains persistent, especially services inflation.
Remember Canada has had rates paused for a few months now.
I come from the future.
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