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Bank of Canada monetary policy decision due Wednesday, 7 June 2023 - 'on hold' preview
CIBC expect the Bank of Canada to remain on hold at the policy meeting today:1400 GMT is 10am US Eastern time. Via CIBC, tipping no change at the meeting todat:US and Canadian labour markets have continued to drive above their non-inflationary speed limits. So central banks have to decide whether to pull them over and issue a ticket, by hiking rates again this month, or be a kinder cop and only issue a friendly warning this time, saving the rate decision for July. We lean towards the latter, par...
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Posted: Jun 7 2023, 00:45
Author Name: forexlive
Views: 081270