Action Forex · 1 min read

The Bank of Canada at an Inflection Point: Inflation Fears Live on

The Bank of Canada at an Inflection Point: Inflation Fears Live on

We are now pencilling in the Bank of Canada’s first interest rate hike of 25 basis points since March 2022 on Wednesday as it faces a pivotal decision amid evolving economic conditions. But, we have very low conviction on the idea of a rate hike this soon, and it’s almost equally probable the central bank […] The post The Bank of Canada at an Inflection Point: Inflation Fears Live on appeared first on ActionForex.

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