The Weekly Bottom Line: BoC Fears Spectre of Inflation

Canadian Highlights No tricks from the Bank of Canada, which delivered the expected 25-basis-point hike. The Bank also left the door open to further tightening. Bond markets were somewhat spooked, with Canadian yields rising in the wake of the announcement. The loonie strengthened later as the U.S. dollar weakened. The Bank upgraded its 2027 and […] The post The Weekly Bottom Line: BoC Fears Spectre of Inflation appeared first on ActionForex.