Bank of Canada stays on hold as inflation remains elevated
Fitch Ratings’ Joshua Grundleger says the Bank of Canada left its policy rate unchanged, citing Canada’s core economic story that is largely unchanged despite noise and uncertainty.
The Bank of Canada leaves its policy rate unchanged thanks to a fundamental economic story for Canada that remains largely unchanged despite considerable noise and uncertainty, Fitch Ratings' Joshua Grundleger says.
Headline inflation in the country is still elevated, given the ongoing oil price sh…