{video} With one week to go until the Bank of Canada’s next interest rate decision, National Bank of Canada has emerged as an outlier amid a growing number of voices predicting that the central bank will cut rates this fall amid mounting global trade tension. “Unless the trade conflict between the Unites States and China escalates further, there is no need for monetary stimulus in Canada,” wrote National Bank Financial Deputy Chief Economist Matthieu Arseneau in a note to clients earlier this week. As of Wednesday morning, the market was pricing in a 16.8-per-cent chance of a rate cut at the central bank’s Sept. 4 ... (full story)