Bank of Canada to hold rates on Wednesday, but economists differ on whether cuts or hikes loom
The central bank is trying to balance inflation expectations, driven largely by skyrocketing oil prices, with ensuring the economy doesn’t slow down too much
Key context
- Source
- Financial Post — established analytical coverage
- Scope
- North America · CA
- Theme
- Inflation, Monetary Policy, Markets
- Signals
- CPI, core PCE, wage growth
Why it matters
The central bank is trying to balance inflation expectations, driven largely by skyrocketing oil prices, with ensuring the economy doesn’t slow down too much.
InflationMonetary PolicyMarketsCA
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