BoC: Uncertainty is still high.
BoC: Uncertainty is still high.
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BoC: War-related cost pressures are still working their way through some consumer prices but are being offset by downward pressure on other
BoC: War-related cost pressures are still working their way through some consumer prices but are being offset by downward pressure on other prices from continued economic slack.
BoC Upgrades 2027 Growth Forecast To 1.8% From 1.6%
Cuts 2026 GDP Growth Forecast To 0.7%; Was 1.2% Lifts Q2 GDP Forecast To 2.5% SAAR From 1.5% Says Economy Is 'Showing Signs Of Improvement' Sees CPI Inflation At 2.5% This Year; Prev. 2.3% Forecasts CPI Inflation To Ease To 2% Next Year Says Uncertainty Is Still High
Bank of Canada Likely to Hold Rates as Inflation Risks Ease and Growth Remains Soft, Say Economists
() -- The Bank of Canada is expected to leave its policy rate unchanged on Wednesday for the sixth time in a row, acknowledging that inflation risks have eased as oil prices have fallen sharply in recent weeks, according to economists. Policymakers are also likely to reiterate that there is little evidence higher energ