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Bank of Canada preview - "Canadian growth shocker confirms ... pause" - CAD forecast

Bank of Canada preview -
The Bank of Canada meet on Wednesday, 6 September 2023. The decision is due at 1400 GMT, which is 10 am Eastern time. The consensus is for the Bank of Canada to hold its key interest rate steady at 5.00%.Preview comments from ING (this in brief from a longer piece):Canada’s economy surprisingly contracted in the second quarter with consumer spending slowing sharply and residential investment collapsing. Together with a cooling labour market, this should ease the Bank of Canada's inflation fears... Read More
Posted: Sep 4 2023, 21:37
Author Name: forexlive
Views: 111681

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