BoC holds rate at 2.25%, but warns of energy and trade risks
Governor Tiff Macklem says the central bank decided to ‘look through’ energy price shock in the near term
Key context
- Source
- Globe and Mail — established analytical coverage
- Scope
- North America · CA
- Theme
- Markets, Rates, Trade
- Signals
- equity indices, credit spreads, implied volatility
Why it matters
BoC holding rates steady signals that borrowing costs stay at current levels, because policymakers need more data on rates.
MarketsRatesTradeMonetary PolicyCA
Read original article →