Bank of Canada likely patient on rates amid escalating trade row
Servus Credit Union’s Charles St-Arnaud says the Bank of Canada is likely to take a patient approach to rates, relying on incoming data before changing policy despite heated US-Canada trade remarks.
Despite heated remarks from US and Canadian officials on trade, the Bank of Canada is likely to take a patient approach on rates and rely on incoming data before changing policy, says Charles St-Arnaud, chief economist at Servus Credit Union.
The main impact from the escalating trade row is that it…