The Bank of Canada is likely to hold interest rates steady on Wednesday as policymakers consider whether a slowing economy means it’s time to end its historic campaign to tighten policy. Economists and investors expect Governor Tiff Macklem and his officials to keep the benchmark overnight rate unchanged at 5%. A pause would mark only the third time in 13 meetings that the central bank hasn’t raised borrowing costs. But most analysts think the bank is done hiking. Macklem’s challenge will be to credibly threaten that more rate increases are possible, even in the face of a swiftly deteriorating economy. Policymakers ... (full story)