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RBC on Bank of Canada: data supports a July rate hike; market pricing too low
Royal Bank of Canada (RBC) has made comments regarding the Bank of Canada's (BoC) upcoming policy decisions, stating that recent economic data supports a rate hike in July.Key Points:Concerns Over Inflation: RBC highlights that the main takeaway from the Bank of Canada’s June statement, progress report, and minutes is an increasing concern over whether enough has been done to bring inflation sustainably back to the 2% target.Factors behind Concerns: The concerns of the Bank of Canada are primari...
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Posted: Jul 4 2023, 13:56
Author Name: forexlive
Views: 110588